The suit also seeks to clarify whether Mr Emefiele’s public service as CBN governor comes second to his constitutionally protected right to belong to a political party and participate in party
INEC has partnered CBN for decades on critical election materials logistics, but might be forced to find alternatives should Godwin Emefiele seek presidency while keeping CBN job.
The court adjourned decision on the matter until May 12.
Mr Emefiele has come under intense public ridicule since Peoples Gazette broke the news on Friday that he had purchased the nomination form of the ruling All Progressives Congress.
Also, the central bank has disbursed over N114.09 billion to support the fertiliser industry in the last five years.
“Any composed banknote discovered in the deposit of DMBs shall attract penalty of 400 per cent of the value.”
The guidelines would establish a “watch list” to identify loan defaulters and enhance loan recovery.
The lawmaker’s said the CBN has deviated from its primary function of monetary policy to focus on fiscal policy measures, a function of the Ministry of Finance.
He also assured Nigerians would soon buy rice at a reasonable price.
