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Governors summon Emefiele over Naira redesign, withdrawal policy

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Governors summon Emefiele over Naira redesign, withdrawal policy - governors emefiele naira 1

The Governor of Central Bank of Nigeria, (CBN), Godwin Emefiele, has been summoned by the governors of the 36 states over the withdrawal policy and the redesigned naira notes.

The governors, under the auspices of the Nigeria Governors’ Forum, in a statement on Tuesday, invited the CBN Governor to a meeting.

The Apex bank introduced the naira redesign policy in October 2022 and withdrawal limit for bank account holders.

The NGF spokesperson, Abdulrazaque Bello-Barkindo said the meeting with Emefiele would be held on Thursday, January 19, 2023.

He said, “For the virtual meeting, the agenda is, “The Economic and Security implications of naira redesign and withdrawal policy.

“The discussion promises to foster involvement and dialogue among various stakeholders, including governments and civil society organisations, to devise a solution to the lingering issue.”

Meanwhile, Director, Public Relations of CBN, Osita Nwanisobi confirmed Emefiele’s resumption, in a statement on Monday, January 16, 2023.

This follows reports that operatives of the Department of State Services, DSS, stormed CBN Monday morning and took over the Governor’s office.

The statement read; “The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has resumed duty after his annual vacation abroad. Mr. Emefiele, who proceeded on leave in December 2022, resumed today, Monday, January 16, 2023.

“The governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee meeting of the year scheduled for January 23 to 24, 2023.

“Mr. Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari.

“While thanking the public for keeping faith with the Bank, we urge Nigerians to continue to support the policies of the Bank aimed at ensuring a stable financial system and the Nigerian economy in general.”

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