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LequteMan
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The Nigerian Senate has summoned Central Bank Governor, Mr. Godwin Emefiele, over the continuous depreciation of the naira.
The upper chamber said that Emefiele should appear before it by 11:00 a.m. on Tuesday January 19, 2016 to explain the continuous weakening of Naira against the Dollar.
This a Point of Order raised by the Senate Leader, Senator Mohammed Ali Ndume, over the matter.
“As a today, naira is exchanged for N305 to one dollar. In view of this worrisome situation and the fact that we all know that this country depends so much on imported materials and even food, there is a need for this Senate to as a matter of urgency call, invite or summon the governor of CBN to explain this situation and to provide the necessary solution to this situation," Ndume said.
Senate President, Abubakar Bukola Saraki, asked Senator Ndume to convey Senate’s resolution inviting him to the CBN governor.
The upper chamber said that Emefiele should appear before it by 11:00 a.m. on Tuesday January 19, 2016 to explain the continuous weakening of Naira against the Dollar.
This a Point of Order raised by the Senate Leader, Senator Mohammed Ali Ndume, over the matter.
“As a today, naira is exchanged for N305 to one dollar. In view of this worrisome situation and the fact that we all know that this country depends so much on imported materials and even food, there is a need for this Senate to as a matter of urgency call, invite or summon the governor of CBN to explain this situation and to provide the necessary solution to this situation," Ndume said.
Senate President, Abubakar Bukola Saraki, asked Senator Ndume to convey Senate’s resolution inviting him to the CBN governor.
