 As said on Business News, the House of Representatives is called on the Central Bank of Nigeria, CBN, to put a hold on the introduction of electronic transactions in the import and export business in Nigeria. This follows the motion by federal lawmaker representing Kogi State, Honourable Leke Abedjide at Plenari on Thursday, frowning at the issuance of a secular run guidelines for import and export businesses in the country on the 21st of January, which is to take effect from February 1st, 10 days after issuance of the said guidelines. He said the sudden monetary fiscal secular, which was horribly implemented, can lead to policy somersault, stating that such policy changes should have a 90 days grass period to enable it to run its full cost in order to avoid distortion in the economy and also to avoid price distortions of trade. Disturbed that issues in the guidelines are contradictory for instance, guidelines C and D contradict each other. Why guidelines C states that no importer or exporter may effect payment to direct or credit of any foreign supplier, unless the electronic invoice has been authenticated by authorized dealers bank, presented together with the relevant document for payment, but guidelines D state that content of the electronic invoice authenticated by authorized dealer bank is only advisory for Nigeria Custom Service. The House resolved to, one, urge the central bank of Nigeria to suspend the policy with immediate effect to enable adequate sanitation of the workability of the policy in all major ports of entry, including seaports, airport and border stations. Two, invite Governor of Central Bank of Nigeria to approve the Committee on Customs and Exercise with the assurances that the target revenue of 3.1 trillion given to Nigeria Custom Service by the Federal Government of Nigeria, which Nigeria Custom Service on its own increased the target to 4.2 trillion, will not be distorted by disordered policy implementation.