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Nairaland Forum / Nairaland / General / Politics / Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera (13949 Views)
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Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by nwakibie3(m): 4:00pm On Nov 06, 2019 |
The Governor of the Central Bank of Nigeria, Godwin Emefiele, appeared before the Senate Committee on Finance on Tuesday in response to an invitation by the panel made on Sunday. Mr Emefiele was summoned by the panel to give detailed explanations on the rationale behind the exchange rates the CBN used for three key projects under the Presidential Infrastructure Development Fund (PIDF). The projects are being funded by the Nigeria Sovereign Investment Authority (NSIA). The PIDF was earmarked from dollar-denominated Sovereign Wealth Fund to partly fund the Lagos-Ibadan Expressway, Second Niger Bridge, Abuja-Kano Expressway, East-West Road and Mambilla Hydro Project. The first three projects had already been funded to the tune of N163.8 billion. The CBN governor had sent his deputy, Adebisi Shonubi, to represent him on Monday, but the committee rejected the arrangement. However, when Mr Emefiele appeared before the panel, he asked to speak off-camera. After making necessary introductions, the committee chairman asked Mr Emefiele to explain how stamp duty has been performing. “The issue we were looking forward to hearing from you is on the issue of stamp duties. We want to know how the stamp duty under your watch has been performing and what should be our expectation in this year’s budget as it affects the federal government. “Also, to brief us what is the profile of Nigeria as a country in terms of monetary policy as it affects our day-to-day activities as a people and as a government,” he said. He also said Mr Emefiele would not speak about the projects being funded with the NSIA because the Managing Director, Uche Orji, was absent. After apologising for his absence at the previous meeting, Mr Emefiele asked to speak behind closed doors. “Given the fact that the stamp duties matter is currently at the high court, I will like to crave your kind indulgence that you permit us to speak off camera.” Journalists were thereafter excused from the room. Earlier, the committee chairman demanded to see the contract documents for the projects and why the exchange rate for the dollar to naira was at N325 to a dollar instead of the official rate of N305 in a government to government transaction for these key infrastructure projects. While the lawmaker commended the NSIA for what it has done so far in terms of funding healthcare, education, infrastructure and investment in fertiliser production, he, however, called for caution in disbursement. This is even as he sought more investment in diverse areas to grow the $1.5 billion Sovereign Wealth for its contributors like the Federal Government, state governments, local governments and the FCT to reap the benefits of its establishment. https://www.premiumtimesng.com/news/top-news/361149-cbn-governor-appears-before-senate-committee-asks-to-speak-off-camera.html
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Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by MyVILLAGEpeople(m): 4:03pm On Nov 06, 2019 |
Buhari! Buhari!! Buhari!!!
I totally blame Buhari for all this. 10 Likes 1 Share |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Alphafeezay(m): 4:17pm On Nov 06, 2019 |
Nothing will still happen...... In fact he will give them their own exchange rate too 5 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by truthfulparrot(m): 6:16pm On Nov 06, 2019 |
Most things behind camera are shaddy. 5 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Nobody: 7:11pm On Nov 06, 2019 |
He said the matter is still in court so he can't speak about it but all I know is that this man doesn't know what he is doing 3 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by LadySarah: 7:12pm On Nov 06, 2019 |
Behind closed doorsWhere like the berlin conference,our collective wealth will be shared. 2 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by LibertyRep: 7:12pm On Nov 06, 2019 |
Something isn't right. Why should a matter that concerns us all be discussed off camera? 13 Likes 1 Share |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Dididrumz(m): 7:12pm On Nov 06, 2019 |
Why off camera? 2 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by johnkay1(m): 7:13pm On Nov 06, 2019 |
Black market 1 Like |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by ursullalinda(f): 7:13pm On Nov 06, 2019 |
What is he hiding?.....why off camera....his ways are not pure oh 1 Like |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by DCmonster: 7:13pm On Nov 06, 2019 |
Only in nigeria! Na dem dem. 1 Like |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by healthserve(m): 7:13pm On Nov 06, 2019 |
Doesn't want to appear before " Nigerians ". What's the Senate? |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Opinedecandid(m): 7:14pm On Nov 06, 2019 |
Okay |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Jasseyfrd(m): 7:14pm On Nov 06, 2019 |
I cry for Nigeria's.. 1 Like |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by brownbib(m): 7:14pm On Nov 06, 2019 |
They should remind him cameras are meant for such summons in the house. 3 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by thundafire: 7:14pm On Nov 06, 2019 |
When leader wanted to be president just to travel round and don't know how to govern 2 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Emekadollars(m): 7:15pm On Nov 06, 2019 |
You want to discuss a matter that concerns the public in private. If I hear. Anyway, there's something available for you in my signature. 3 Likes |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Gudguyz(m): 7:15pm On Nov 06, 2019 |
Nawa ooo!!! For your power Solution: Solar and Inverter installations Call or What's app Sunmax Solar & Electronics shop.For details pls check my signature.Thanks |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Brandstudio01: 7:16pm On Nov 06, 2019 |
Like seriously, still need to be fooled in this modern age & Time? Please Who is the Senate, Who is the CBN Governor and Who is the the Federal Government |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by eTECTIV: 7:18pm On Nov 06, 2019 |
Make Una dey scam us dey go jare... Las Las na draft Una dey take Nigerians dey play... |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by bokunrawo(m): 7:19pm On Nov 06, 2019 |
Help me solve this puzzle guys
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Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Temptee101(m): 7:19pm On Nov 06, 2019 |
What is he hiding? Fools in govt Spits |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Nobody: 7:19pm On Nov 06, 2019 |
In a country where everything is kept away from the taxpayers from the President"private " visit to the chief of staff visit to the sharing of job slots ... Now the custodian of our apex bank prefer to talk to senators in private about the countries economy.... Anybody that conspired to bring this people on us may he not know peace , may another take his position...may the curses in psalms and Deuteronomy never leave his household 5 Likes
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Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by pieces18: 7:21pm On Nov 06, 2019 |
There's something they need to hide. |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Lincoln275(m): 7:22pm On Nov 06, 2019 |
bokunrawo:monday |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by dalass(f): 7:22pm On Nov 06, 2019 |
ursullalinda: He's helping this govt in its many shady stuffs . must be the reason he's still the CBN governor |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by dikeigbo2(m): 7:24pm On Nov 06, 2019 |
did i hear behind close doors and offcamera? 1 Like
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Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by kayusely70(m): 7:27pm On Nov 06, 2019 |
Whats the name of the committee chairman |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by Sirpaul(m): 7:28pm On Nov 06, 2019 |
Alaye talk wetin u won talk .... Craze dey worry u... Anyways I blame the dullard |
Re: Godwin Emefiele Appears Before Senate Committee, Asks To Speak Off-Camera by tsephanyah(f): 7:28pm On Nov 06, 2019 |
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