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Why CBN Governor Emefiele Must Resign Now

Elanza by Elanza
February 3, 2023
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A group of Concern Citizens of Sokoto State (CCSS) has said the performance of put up by Godwin Emefiele, the Governor of Central Bank of Nigeria during his recent appearance before a committee of House of Representatives showed he did not deserve to stay in office a day longer.

The group which said it came to the conclusion after reviewing the whole episode of Emefiele’s meeting with the members of the House of Representatives therefore urged the CBN Governor to resign from office within seven days or face legal action.

CCSS said this in in a letter dated Feb. 2, addressed to the CBN governor signed by Alhaji Abubakar Abdullahi, its National Coordinator.

According to the group, the CBN governor’s comments and interaction does not suggest he is qualified a day longer to lead the institution.

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“Our reason for coming to this conclusion is when a member of the Assembly committee referred you to Section 20 of the CBN Act.

“You admitted that the Act exists. Which means you might not know about the Act until your attention was called.

“So, if that’s the case, it means you are not supposed to lead an institution which rules and regulations you are not conversant with, “it said.

The CCSS added that if the CBN governor was aware of the Act and deliberately failed to draw the attention of President Muhammadu Buhari and the public, then it “is an act of sabotage to the leaders and citizens.”

Sources: NAN

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