Reps Summon CBN Boss Over BVN Breaches

The House of Representatives on Wednesday summoned the Governor of the Central Bank of Nigeria, Godwin Emefiele, over some possible breaches in the operation of the Bank Verification Numbers (BVN).

The Governor of the apex bank is also expected to explain why bank customers should be made to disclose their BVN to third parties, especially while transacting businesses with Bureau de-Change operators, as contained in the new guidelines.

A motion on the matter was raised by Honourable Abubakar Nuhu, as a matter of urgent public importance.

The motion was, however, adopted unanimously and referred to the House Committee on Banking and Currency for further legislative action.