Naira Notes Swap: “Emefiele Weaponising CBN,” Says Fani-Kayode as He Levels Other Serious Allegations
- APC chieftain, Femi Fani-Kayode has strongly condemned the personality of CBN Governor, Godwin Emefiele
- Fani-Kayode who described the CBN governor as an enemy of the state, said Emefiele has no plan of releasing sufficient naira notes anytime soon
- He noted that CBN's new policy is against the will of the people and if Emefiele is not stopped or caged, it might result in more hardship and the masses will bear the cost
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Femi Fani-Kayode, the director of New Media for the APC presidential campaign council, has slammed Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN).
In a post sighted by Legit.ng and shared on his Facebook page on Tuesday, January 31, Fani-Kayode described Emefiele as an enemy of democracy.
Why Emefiele should be caged? Fani-Kayode gives strong reason
The former minister of aviation alleged that Emefiele has no plans of releasing sufficient new naira notes any time soon.
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He further claimed that the actions of the CBN governor are to starve Nigerians of cash and drive them to rage out of frustration.
Fani-Kayode wrote on Facebook:
"The policy of cancelling old notes must be totally cancelled until AFTER the election and then done lawfully.
"He wants to cause a crisis, provoke a people's uprising, derail our democracy and pave the way for an ING.
"He has NO plans to release enough new naira notes any time soon.
"He wants to STARVE the people of cash and drive them to rage out of frustration.
"This is not about politics but about stoking up protest and revolution. This is subversion and destablisation.
"He must be stopped and caged!
CBN naira policy: Emefiele bows to pressure, appears before House of Reps
Amid calls for his arrest, Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), is said to be at the complex of the National Assembly to answer questions on the new naira note policy.
Emefiele is to be grilled by members of the House's ad-hoc committee responsible for investigating the new cash withdrawal limit and cash swap policy.
that Emefiele who was sighted at the National Assembly complex was accompanied by some management staff of the apex bank.
Buhari gives reasons for CBN naira redesign policy as Nigerians get desperate
President Muhammadu Buhari again defended the decision of the Central Bank of Nigeria to redesign a higher denomination of the Naira.
According to Buhari, the policy was targeted at individuals in possession of illicit funds and not ordinary Nigerians.
The president disclosed this in a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu on Saturday, 28 January 2023.