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You are at:Home»Breaking News»Senate summons Emefiele over inflation and devaluation as Naira hits N700 to a dollar
Breaking News

Senate summons Emefiele over inflation and devaluation as Naira hits N700 to a dollar

DailyblastBy DailyblastJuly 27, 2022001 Min Read
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The Senate on Wednesday July 27, resolved to summon Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over skyrocketing inflation and naira devaluation. 

The senators lamented that the United States dollar to naira had risen to N700 and there’s need for immediate action. 

Related posts:

  1. CBN denies reports of devaluation of the Naira
  2. Senate summons CBN governor over poor economy, weak Naira
  3. Airlines announce shutdown on Monday as aviation fuel hits N700
  4. Inflation hits 22.79% as food prices rise, Nigerians groan under hardship

The resolution to invite Emefiele was reached following a motion moved by Senator Olubunmi Adetunmbi, a lawmaker representing Ekiti North Senatorial District.

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