The ad-hoc committee of the House of Representatives constituted to interface with the Central Bank of Nigeria, CBN, and bank chief executive officers on the January 31 deadline for withdrawal of old naira notes said yesterday that late delivery of invitation letters to invitees stalled the meeting.
Chairman of the committee and majority leader of the House, Ado Doguwa, told his colleagues an hour after they had gathered for the meeting.
Recall that the time for the meeting was 3 pm but Doguwa did not enter room 301 of the new building in the House of Representatives, the venue of the meeting, until 4 pm.
By 4:05, a member of the House, Uyem Idem, was asked to say the opening prayers.
Thereafter, Doguwa told the members of the committee that they had scheduled to meet with the CBN officials yesterday (Wednesday) and subsequently take the bank CEOs today (Thursday).
He, however, said a communication received from the CBN liaison officer stated that due to late arrival of the letter, the bureaucracy could not work on it.
Doguwa said the meeting with the apex bank had been rescheduled for today by 1 pm, while that with bank CEOs would come up later,
He said: “This is the House ad-hoc committee to interface with the CBN and bank operators with regards to resolving the issue of the phasing out the strategy of the old naira notes and to bring into circulation the new naira notes, among other reasons.
