The Senate has decided to debate the cash withdrawal limit policy of the Central Bank of Nigeria, CBN on its floor.
President of the Senate Ahmad Lawan made this known at plenary, following a Point of Order raised by the Senator Olubunmi Adetunmbi. He had drawn the attention of his colleagues to the absence of the Chairman of the Senate Committee on Banking, Insurance, and Other Financial Institutions, Uba Sani, from the Red Chamber.
The Senator, who is also a member of the committee, said Sani had arranged to present the report of the screening conducted on two CBN Deputy Governor-nominees, Aishah Ahmad, and Edward Lametek Adamu to the Senate on Tuesday.
But, Adetunmbi said the debate could not take place again, because Uba Sani, the panel chairman, was in Kaduna State for his party’s North-West zonal presidential campaign rally.
However, Senator Adamu Bulkachuwa expressed dissatisfaction with Adetunmbi’s explanation, but the Senate President ruled Bulkachuwa out of order and insisted that the matter be deferred till today for the requisite debate.
President Muhammadu Buhari recently nominated the two deputy governor-nominees of the apex bank who were recently nominated for reappointment for their second and final tenure.
