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Monday, October 3, 2022

JUST IN: Lawmaker disagrees over arrest warrant for CBN Governor, Emefiele

There was a loud disagreement between members of the House of Representatives Joint Committees on Customs & Excise, and Banking and Currency, yesterday, over a decision to issue a warrant of arrest for Godwin Emefiele, the Governor of the Central Bank of Nigeria.

The warrant was issued on Emefiele after the Chairman of the House Committee on Customs and Excise, Leke Abejide, decided that he had refused to honour summons of the Lawmkaer

According to a Nairametrics source, some members of the committee, opposed the suggestion, insisting that they must be given an opportunity to express their views on the matter and vote on the next line of action.

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On January 27, 2022, the House of Representatives requested that the CBN halts the electronic evaluation and invoicing policy that had just been implemented in the import and export chain, warning that it could have a negative impact on revenue collection by the Nigeria Customs Service.

Emefiele was scheduled to testify before the committee about the policy’s impact on Customs’ revenue objective for 2022.

Following the failure of a call for the CBN Governor’s appearance, several lawmakers said that the CBN Governor had always refused invitations from the National Assembly and that he was being shielded by some unknown lawmakers.

Presenting the matter once again, Abejide was not happy with the  Emefiele’s absence at the investigation hearing on Tuesday, saying that the parliament could not continue to tolerate it and that a warrant of arrest should be issued.


While some members of the committee objected to the suggestion, insisting that they be given an opportunity to express their opinions and vote on the next course of action, others claimed that the CBN governor had consistently ignored invitations from the National Assembly and was being shielded by some unnamed lawmakers.

During the ensuing squabble, a member, Sada Soli, pleaded for calm and requested an executive (closed-door) session.

After about 10 minutes behind closed door, the members continued with Abejide stating “Please, everything has been withdrawn behind closed doors and we resolved to withdraw the warrant of arrest earlier issued against the CBN governor. But if anyone tries to look down on the parliament, we will go ahead.

Abejide added that the CBN governor has asked for time to honour the summon as he was having meetings with some governors. He said Emefiele disclosed that he did not receive its second letter of invitation and assures that he will present at the next sitting.

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