Connect with us

    Hi, what are you looking for?

    Politics

    Emefiele Meets Yakubu, Says CBN Will Not Be Used To Frustrate 2023 Elections

    INEC - CBN

    Godwin Emiefele, Governor of the Central Bank of Nigeria (CBN) has said that the apex will not allow itself to be used to frustrate the forthcoming general elections.

    Emiefele, who spoke when Prof Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC) led 11 National Commissioners on a visit to the Bank, said the CBN will make available every cash needed to pay logistics for the success of the elections.

    He was responding to a request from Yakubu that the CBN should find a way of addressing scarcity of currency across the country 17 days to the Presidential and National Assembly elections since some service providers to the commission were “unbanned”.

    He said: “The CBN will not allow itself to be used as an agent to frustrate the forth coming election which is a positive assignment.

    “If you require cash to pay some of your service providers, we will make it available to you. We will not allow ourselves to be seen as agents that frustrate a genuine assignment”.

    The INEC chairman had told the CBN Governor the 2023 polls will be the best in Nigeria’s history, adding that concerns have however been raised about the processes leading to the elections.

    He said while the Commission has transferred all its accounts at the state and national level to the apex bank, some of the services being rendered to the Commission need to be paid for in cash.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Nigerian singer, songwriter, and producer CKay has officially surpassed one billion streams on Spotify with his breakout hit Love Nwantiti, making him one of...

    News

    The High Court of the Federal Capital Territory sitting in Gwarinpa, Abuja, has ordered that a ₦40 billion defamation suit filed by Tonye Cole...

    Tech

    MoMo Payment Service Bank (MoMo PSB), a fintech subsidiary of MTN Nigeria, has announced a partnership with Ogata Electric Vehicles to provide subsidised bus...

    News

    Mrs. Stella Oduah, former Minister of Aviation, was on Wednesday arraigned before the High Court of the Federal Capital Territory, Abuja, on charges bordering...