Tajudeen Adefisoye, House of Representatives member representing Idanre/Ifedore Federal Constituency in Ondo State, has reacted to the continuous free fall of the naira against the dollar and other foreign currencies.
Since the beginning of the week, the naira has exchange for N557 to a dollar in the parallel market.
Adefisoye, in a tweet, said the current exchange rate is now scary, adding that businesses in the country are suffering.
He revealed that Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has refused to honour invitations by the house to defend the policies of the apex bank.
The lawmaker, who is the only member of the Social Democratic Party (SDP) in the house, said Emefiele seems to be “bigger than Nigeria”.
“The exchange rate thing is getting scary; high inflation & the businesses are suffering. We have invited the CBN governor a couple of times to come and explain his policies but he doesn’t even honour the invitations,” he wrote.
“He was summoned & still didn’t respond. Seems the man is bigger than Nigeria.”