In response to the escalating security challenges gripping the nation, the Senate has called for a crucial meeting with the Service Chiefs, scheduled for tomorrow, Wednesday.
This decision has prompted the postponement of another significant meeting – a session with the Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, and the economic team, initially slated for Tuesday, February 6, 2024.
Chairman of the Senate Committee on Banking, Insurance, and other Financial Institutions, Senator Tokumbo Abiru, clarified the rationale behind the rescheduling. He elucidated that the delay stemmed from the House of Representatives’ consultations with the CBN Governor concerning the country’s economic status. Senator Abiru emphasized the importance of understanding and cooperation among legislative counterparts, underscoring the need for patience.
Consequently, the meeting with the economic team has been deferred to Friday, February 9, 2024, at 9 am. This adjustment aims to allow ample time for discussions with both the Service Chiefs and the economic experts.
Postponing the meeting, the Chairman Banking Committee, Senator Tokumbo Abiru said “our plan today is to have a session with the Governor of the Central Bank of Nigeria, CBN and the essence of the meeting is well known to all of us, which has to do with the economic situation in the country. But some how, the CBN governor has been held back in the House of Representatives as the House tries to do consultations with him regarding the situation of the economy as well.
He said that was why the meeting was initially delayed, adding that their part “we should be rational in trying to see reasons with our brothers and sisters in the House of Representatives and the CBN governor.
“To that extent, on our part we have to adjourn our own to Friday February 9, 2024.
Another reason according to Senator Abiru, which he deemed proper to explain, was the meeting of the Senate with the Service Chiefs.
“Tomorrow, we have a session with the Service Chiefs and that may extend to Thursday because they are issues of very serious concern to us. In order to play safe, to have enough time to interact properly with the economic team, which means we will extend the invitation beyond the governor to also include the economic team”, he added.
