Buhari backs Emefiele, says CBN governor following ‘alternative economic model’ - Premium Times Nigeria

6/21/2022 8:55:00 PM

The president gives reasons why he has not removed Mr Emefiele.

Buhari backs Emefiele, says CBN governor following ‘alternative economic model’

The president gives reasons why he has not removed Mr Emefiele.

June 21, 20221 min readPresident Muhammadu Buhari has finally reacted to calls for the removal of the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over his apparent partisanship.Mr Emefiele in May disclosed his interest to be the presidential candidate of the ruling All Progressives Congress (APC), even when he had not resigned.

Amid calls for his removal, Mr Emefiele asked a court to declare him fit to seek the country’s top job without leaving office. The lawsuit failed.Mr Emefiele only backed down after the president subsequently directed all government appointees seeking elective offices to resign first.

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2023 presidency: Buhari reveals preferred successor, says Emefiele victim of accusationPresident Muhammadu Buhari on Tuesday declared support for the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Tinubu. Buhari made Did he really give that interview or was it by proxy? Mr corrupt people apologist ☝️☝️☝️

Buhari defends Emefiele's ‘unorthodox’ policies, says gov following alternative economic model | TheCableAgain, President Muhammadu Buhari has expressed a vote of confidence in Godwin Emefiele, governor of the Central Bank of Nigeria (CBN). cenbank GodwinIEmefiele They should continue borrowing money from every country cenbank GodwinIEmefiele 🤬 cenbank GodwinIEmefiele Does he understand the policies

Why Emefiele was not sacked as CBN governor - Buhari | The Guardian Nigeria News - Nigeria and World NewsNigeria President Muhammadu Buhari said the presidential bid of Godwin Emefiele did not affect his role Central Bank of Nigeria (CBN). Emefiele sought to be the presidential candidate of the ruling All Progressives Congress (APC) and drew widespread criticisms for being partisan while heading the CBN. While critics called for Emefiele’s sacking, Buhari said such […] Lol Only in the ZOo do you have such nonsense! Nigerians I’m sorry we gat shitheads

Why I Didn’t Sack Central Bank Governor, Emefiele Despite His Interest In 2023 Presidency – Buhari | Sahara ReportersBuhari said the CBN Act had not listed political participation as part of the grounds for the removal of a CBN governor. Failure will always recognize failure That's the only reason, birds of same feathers Did he resign? No Loan na your mate?

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Under Buhari, over 3,478 killed, 2,256 abducted in seven months –ReportsAt least, 3,478 people were while 2,256 others were abducted across the country from December 2021 to June 15, 2022, a tally collated by The PUNCH has shown. This is the legacy Tinubu wants to build on. Naija an soap opera God help us And the numbers keep rising, na Divine intervention we need for this country

by June 21, 2022 1 min read President Muhammadu Buhari has finally reacted to calls for the removal of the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over his apparent partisanship.President Muhammadu Buhari on Tuesday declared support for the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Tinubu.In an interview with Bloomberg, the president said Emefiele is following an alternative economic model, which Nigeria should be free to adopt.Share on Telegram Nigeria President Muhammadu Buhari said the presidential bid of Godwin Emefiele did not affect his role Central Bank of Nigeria (CBN).

Mr Emefiele in May disclosed his interest to be the presidential candidate of the ruling All Progressives Congress (APC), even when he had not resigned. Amid calls for his removal, Mr Emefiele asked a court to declare him fit to seek the country’s top job without leaving office. When asked if he plans to endorse a candidate for President in 2023, he said “Yes. The lawsuit failed. Advertisement “Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most effectively carry out his duties. Mr Emefiele only backed down after the president subsequently directed all government appointees seeking elective offices to resign first.” Speaking on concerns over CBN’s independence following the Governor, Godwin Emefiele’s interest to run for President in 2023, Buhari said Emefiele was a victim of accusations because as an apex bank governor he follows a model outside of the economic orthodoxy. In a written response to questions by Bloomberg , Mr Buhari said the removal of the CBN Governor does not rest solely on him. Emefiele sought to be the presidential candidate of the ruling All Progressives Congress (APC) and drew widespread criticisms for being partisan while heading the CBN.

“The CBN governor is appointed by the President. ”The CBN governor is appointed by the President. But the orthodoxy has proved wrong time and again,” Buhari added. But this appointment is subject to confirmation by the Nigerian Senate,” he said. “Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most effectively carry out his duties. Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most effectively carry out his duties. ALSO READ: 2023: CBN’s Emefiele retreats, withdraws suit against INEC, AGF “But there is a subtext to the accusations.” Upon the expiration of Emefiele’s first term as governor of the CBN in 2019, there were calls for Emefiele’s sack or voluntary exit. Because the governor follows a model outside of the economic orthodoxy, he is labeled political. Because the governor follows a model outside of the economic orthodoxy, he is labelled political. Buhari said such decisions can only be determined by the board of directors of the CBN.

But the orthodoxy has proved wrong time and again. “Instead, the governor is following an alternative economic model that puts people at the heart of policy. ”Instead, the governor is following an alternative economic model that puts people at the heart of policy.. Nigeria should be free to choose its development model and how to construct our economy, so it functions for Nigerians” he said. A fallout of Mr Emefiele’s apparent partisanship has been an announcement by the Independent National Electoral Commission, INEC, that it would no longer keep sensitive election materials at the CBN. Related Topics:. . “Instead, the governor is following an alternative economic model that puts people at the heart of policy.