Coalition backs calls for Emefiele'e resignation

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The Nigeria Citizens Action Group (NCAG), a coalition of 35 civil society organisations, has supported the call of concerned Nigerians that Godwin

Emefiele, Governor of the Central Bank of Nigeria, resigns his position with immediate effect to save the country from total collapse.

The statement explained that it has come to the sad conclusion that Emefiele should humbly step aside and allow a more competent person to step in, to save the country from total collapse. It said that when Adedoyin Salami, a member of the country’s monetary policy in 2017, cautioned the CBN Governor against the excessive funding of the Federal Government which was 20 fold higher than the approved threshold. It added that Emefiele refused to take correction, lamenting that many sound economists described Emefiele’s Monetary Policy as “reckless and illegal” which will set the Nigerian economy for a “Big Fall”.

The statement noted that recently, the United Arab Emirates government arrested, convicted, and blacklisted some Bureau de Change Operators of Nigerian origin who have been fingered in financing terrorism globally, adding that the monies have been passing through the ineffective eyes of the CBN unnoticed into the hands of terrorists.

 

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Emefailure should have been sacked since but the failed government loves anyone who wants to fail like them

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