The senator representing Ondo South Senatorial District, Nicholas Tofowomo asked Buhari to sack the CBN governor, Godwin Emefiele and prosecute him for disobeying the resolution of the senate directing the extension of the deadline for the old N100, N500 and N200 notes to May, 2023.
Tofowomo, in a statement on Sunday by his media aide, Mr Olumide Akinrinlola, said Emefiele’s alleged disobedience to the senate resolution had caused hardship and resulted in protests over the scarcity of the new naira notes in parts of the country.
He said, “By now, the CBN governor should be in prison for disobeying the senate and dishonouring its resolution and causing naira scarcity.
‘’Imagine the scarcity of petrol and the rising inflation in the country, we still find it very difficult to have access to cash because Emefiele is lawless and very stubborn.
“As a sitting senator, I was in the bank on Friday to apply for a little cash, but I didn’t get anything. My cheque was returned to me because the bank didn’t have enough new naira notes to pay customers.
‘’They told me they had paid out what they had for that day even though many customers were still inside the banking hall stranded and shouting.
“In my senatorial district, there are many unbanked residents. More than 300 communities do not have access to commercial banks. For the few with bank accounts, they will need to travel far to locate a bank.
‘’Thousands of residents are suffering now because they don’t have access to cash to feed their families and transact business. They submitted their old notes in line with the CBN directives by all means, but now, the CBN has failed to fulfil its part by providing new notes for them.’’
The Chairman Senate committee on Media and Public Affairs and the Senate spokesperson, Ajibola Basiru, explained that the CBN policy was beginning to affect the turnout at campaign rallies.
