Economist and public affairs commentators appear to be puncturing the autonomy status of the Central Bank of Nigeria (CBN), and their posture is hinged on the fact that the apex bank is wielding a lot powers in the management of the nation’s currencies.
Speaking on the issue on Saturday on Channels Television’s breakfast programme, Sunrise, economists and financial experts said in order to ensure transparency and accountability there’s need for the National Assembly to curb the seeming excesses of the CBN.
And joining the discussion from Abuja, Senator Olubunmi Adetunbi said the National Assembly is incensed by the decision of President Goodluck Jonathan to give approval for the printing of the N5000 denomination without the backing of the National Assembly.
