PDP Calls for Godwin Emefiele’s Resignation As CBN Governor

PDP Calls for Godwin Emefiele’s Resignation As CBN Governor

  • These are not the best of times for the Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele
  • Nigeria's main opposition party, the PDP, has joined the numerous groups calling for the resignation of the apex bank chief
  • Emefiele has been subjected to heavy criticisms as the naira takes a free fall under his watch as the CBN governor

FCT, Abuja - The Peoples Democratic Party (PDP) has demanded the immediate resignation and prosecution of the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele.

The demand was made by the main opposition party on Thursday, September 23 at a press conference by its spokesman, Kola Ologbodiyan, and monitored by Legit.ng.

Godwin Emefiele
PDP has called for Godwin Emefiele’s resignation as the governor of CBN. Photo credit: Chris J. Ratcliffe/Bloomberg
Source: Getty Images

Ologbodiyan said the call was based on allegations by the All Progressives Congress (APC) that Emefiele superintended over massive looting of funds in the CBN.

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His words:

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“Our party calls on the Economic and Financial Crimes Commission (EFCC) to immediately invite Emefiele for questioning over allegations by the national secretary of the illegal APC National Caretaker Committee, Senator John Akpan Udoedehe, that the CBN governor supervised the pillaging of the nation’s vaults under his watch.
“Nigerians were shocked when Senator Akpan Udoedehe, on Channels TV programme “Politics Today” of Wednesday, September 15, 2021, revealed that the CBN governor supervised over the stealing of money in the apex bank, a development for which he must be investigated by the EFCC and if found wanting, prosecuted.
“We have waited for a week for Senator Akpan Udoedehe to recant on his statement or for Emefiele to repudiate the APC national secretary.
“Our party insists that beyond Akpan Udoedehe’s allegation, the tenure of Emefiele as CBN governor under the APC administration has witnessed colossal failures of monetary and fiscal policies, requiring him to vacate the office and hand himself over for investigation.”

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Recall that the spokesman of the CBN, Osita Nwanisobi, recently faulted calls from certain quarters for the resignation of Emefiele.

Nwanisobi told the Vanguard newspaper that those behind such calls were only pursuing their selfish agenda.

According to him, the CBN would not be distracted in its mandate by yielding to the selfish tendencies of a few to the detriment of the majority.

Engr Mamman Maisalati defends Emefiele

Legit.ng had earlier reported that the national coordinator of Our North, Our Pride Coalition, recently defended Emefiele.

Maisalati cautioned northern youth groups against serving the interests of certain elements in the region hell-bent on frustrating the economic reforms of President Muhammadu Buhari.

He said Emefiele has been overseeing the reforms of the Buhari administration without fear or favour.

Central Bank to launch digital currency amid crypto ban

Recall that the CBN recently announced that it is planning to launch its own digital currency backed by the government.

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Rukiyat Mohammed, the CBN director for information technology explained that since 2017, the bank had been conducting research in regards to central bank digital currencies and may conduct a proof of concept before the end of 2021.

Mohammed further revealed the project tagged Project GIANT will use the Hyperledger Fabric Blockchain.

Source: Legit Nigeria

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