‘Dark horse’ behind new CBN cashless policy, says Reps

The House of Representatives on Thursday said a ‘dark horse’ was behind the new cashless policy of the Central Bank of Nigeria (CBN).

The House said it would not allow the policy, which it described as an agenda, to impede on the country’s electoral process.

CBN Governor Godwin Emefiele once again shunned the invitation of the House to engage over the new policy.

Among other issues, the House was to address the bank’s decision to stick to its January 31 deadline of the phasing out of the old naira notes and the scarcity of the new notes.

Emefiele was expected to appear before the House Adhoc Committee set up by the House to look into the matter by 1 pm.

But the lawmakers led by the committee chairman, Hon Alhassan Ado-Doguwa, waited in vain for the CBN Governor in meeting room 301.

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