• Move to scrap People Bank
The House of Representatives is to ivestigate the Central Bank of Nigeria (CBN ) over its last workers recruitment exercise.
The lawmakers said due process was not adhered to in the exercise, saying it was lopsided with some sections of the country being unfairly disadvantaged.
House Committees on Banking and Currency and Federal Character were mandated to investigate and report back within four weeks.
The decision of the lawmakers followed the adoption of a motion of urgent public importance by Ali Madaki (APC, Kano ), who regreted that CBN deliberately breached the Federal Character principle by carrying out the recruitment in secret without advertisements.
According to him, the secret recruitment has generated negative reactions from several sections of the country with accusations of lopsidedness.
“Sometime last year when members of the public got wind of the secret recruitment exercise, the CBN came out and outrightly denied any such recruitment, or plan to recruit.
