The Senator representing Ondo South, Nicholas Tofowomo, wants the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, arrested for allegedly disobeying a resolution of the Red Chamber of the National Assembly.
Senator Tofowomo said Emefiele’s action is the is now causing hardship for the generality of Nigerians.
He said: “By now the CBN governor should be in prison for disobeying the Senate and dishonouring its resolution thereby causing naira scarcity. We find it very difficult to have access to cash because Emefiele is lawless and proving very stubborn.
“As a sitting Senator, I was in the bank on Friday to apply for a little cash, but I didn’t get anything. My cheque was returned to me because the bank didn’t have enough new naira notes to pay customers.
“They told me they had paid out what they had for that day even though many customers were still inside the banking hall stranded and shouting.
“In my senatorial district, there are many unbanked residents. More than 300 communities do not have access to commercial banks. For the few with bank accounts, they will need to travel far to locate a bank.
“Thousands of residents are suffering now because they don’t have access to cash to feed their families and transact business. They submitted their old notes in line with the CBN directives by all means, but now, the CBN has failed to fulfill its part by providing new notes for them.
“Things wouldn’t have been this bad if Emefiele obeyed the Senate directive.
“This situation must be arrested immediately. Buhari should just sack Emefiele now to douse the tension for the sake of this election. Emefiele should go.
“People are already saying this is a plan to cause a crisis to cancel the election and install an interim government. I just hope this is not true.”
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