However, the NDIC has denied the accusation arguing that there is no conflict between the bill and the CBN Act.CBN Governor, Godwin Emefiele, who made the apex bank’s position at a one-day public hearing on the “NDIC Act 2006, Cap N102 LFN 2012 (repeal and re-enactment) Bill, 2015” organized by the Senate Committee on Banking, Insurance and other Financial Institutions in Abuja, called for the outright rejection of the bill.
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