Senate Reportedly Summons CBN Governor, Olayemi Cardoso Over Free Fall Of Naira

Date: 31-01-2024 9:33 pm (2 months ago) | Author: onuigbo felicia
- at 31-01-2024 09:33 PM (2 months ago)
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The Senate on Wednesday summoned the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso to appear on Tuesday to explain the free fall of the Naira.

Cardoso is to appear before the Senate Committee on Banking, Insurance and other Financial Institutions to answer questions on the naira and the state of the economy.

The committee chaired by Senator Adetokunbo Abiru, at its meeting resolved to summon the CBN governor on the way out.

Speaking with newsmen after its meeting, Abiru said the meeting was held essentially to focus on the direction of the Nigerian economy.

He said everyone is a living witness to what is going on in the country, stressing that underlining the major issue of the economy is the way the inflation index has been.

Abiru said the happening in the country is a major concern for the lawmakers.

According to Abiru, members of the committee had deliberated among themselves, saying that critical issues were addressed and he believed that the next line of action was to summon the Governor of the Central Bank on Tuesday at 3.00 pm to brief them properly on the state of the economy.

He said the lawmakers had resolved and would communicate to the Governor of the Central Bank after which they would have further communication with journalists.

Posted: at 31-01-2024 09:33 PM (2 months ago) | Addicted Hero
- Benti247 at 31-01-2024 10:41 PM (2 months ago)
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Every day Naira falls Naira falls . Who push am?
Posted: at 31-01-2024 10:41 PM (2 months ago) | Gistmaniac
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- gogoman at 31-01-2024 10:54 PM (2 months ago)
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those bitches spend dollars any way!! they don't care  Roll Eyes Roll Eyes Roll Eyes
Posted: at 31-01-2024 10:54 PM (2 months ago) | Grande Master
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- Olandetujaa at 1-02-2024 02:35 AM (2 months ago)
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Quote from: gogoman on 31-01-2024 10:54 PM
those bitches spend dollars any way!! they don't care  Roll Eyes Roll Eyes Roll Eyes

You are 100% correct, they don't care as long as it favours them
Posted: at 1-02-2024 02:35 AM (2 months ago) | Gistmaniac
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- Dopybadass at 1-02-2024 03:37 AM (2 months ago)
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You are summoning the bastard, wetin una dey summon him for, he is working for his person that gave him that position, both of them are doing kill and divide, people were complaining about the former CBN governor, you can see this one is sent straight from hell to come and finish Nigerians
Posted: at 1-02-2024 03:37 AM (2 months ago) | Gistmaniac
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- maizaxx at 1-02-2024 06:02 AM (2 months ago)
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But come to think of it, why won't the Naira be in free fall?
Is the country a producing economy?
We import everything. Even that which is within our controls - crude oil; we export and import its by products. Who does that in a sane environment?
Posted: at 1-02-2024 06:02 AM (2 months ago) | Gistmaniac
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- kp45 at 1-02-2024 09:32 AM (2 months ago)
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You people will summoning at the end no result to show for it. Failed system.
Posted: at 1-02-2024 09:32 AM (2 months ago) | Addicted Hero
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- Liebesmith at 1-02-2024 12:54 PM (2 months ago)
Online (m)
People in power use everything fake to ring the election,that’s why everything in that country is falling and falling…scheisse land
Posted: at 1-02-2024 12:54 PM (2 months ago) | Upcoming
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