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Group pushes hard for suspension of CBN Governor, Emefiele 

Douglas Blessing, Port Harcourt

A Tinubu Support Group under the platform of South South Agenda for Tinubu/Shettima (SSAT) has called on President Muhammadu Buhari to audit the accounts of the Central Bank of Nigeria.

The group also called for the suspension of the Governor of the CBN, Godwin Emefiele to enable the board look into the books of the bank unhindered.

They alarmed that the monetary policies of the Central Bank of Nigeria in recent times are bringing the ruling All Progressives Congress (APC) to disrepute.

In a press statement delivered electronically, the group through their National Coordinator, Mr. Bitrus Nta Oliver threatened to commence legal action against the President and the Senate to compel the probe of the Central Bank.

They insisted that an independent audit of the bank will expose the damage Mr. Godwin Emefiele has allegedly done to the bank and indeed the Nigerian economy.

“If we do not see any action by the President within the next 96 hours we shall immediately launch a suit to compel the suspension of the Governor from office because as the Chairman of the Board of the bank, he cannot be a judge in his own case. So he will have to step aside while the Board looks into the books alongside the Financial Reporting Council” he stressed.

Mr. Bitrus further blamed the current economic woes of the country on Mr. Emefiele and his alleged incompetence. 

Bitrus said, “Removal of Emefiele immediately as the Governor of the CBN will help redeem the economy of the country and draw it back from the brink. He has abused his office by using the same to get involved in politics and investors do not have confidence in our monetary policy anymore”.

However, there have been several calls and criticism against the leadership of the bank since the announcement of the decision of the bank to redesign the N200, N500 and N1,000 banknotes, which will cease to be legal tender by January 31, 2023.

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