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    PDP demands Emefiele’s immediate resignation, EFCC probe

    Chronicle EditorBy Chronicle EditorSeptember 23, 2021No Comments2 Mins Read
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    Central Bank of Nigeria (CBN) Governor, Godwin Emefiele announced announces N1.1trn COIVD-19 intervention fund
    Former CBN Governor, Godwin Emefiele is facing corruption charges
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    Nigeria’s main opposition party, Peoples Democratic Party (PDP) has demanded that Godwin Emefiele, governor of the Central Bank of Nigeria resigns following allegations against him.

    The PDP claims that massive looting is being perpetuated under the leadership of Emefiele who is serving his second five-year term in office.

    “The Peoples Democratic Party (PDP) demands the immediate resignation and prosecution of the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, going by allegations by the All Progressives Congress that he superintended over massive looting of funds in the CBN,” a statement on Thursday said.

    “Our party calls on the Economic and Financial Crimes Commission 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 over the pillaging of the nation’s vaults under his watch.

    The PDP added that 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.

    • Missing $9.5m: Senate gives Emefiele 72 hours

    “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.

    “It is instructive to note that when Emefiele took office as CBN Governor in 2014 the naira exchanged for N164 to a dollar. Today, in the hands of Emefiele and the APC, the naira has tumbled to near N600 to a dollar, putting the nation’s economy on its knees.

    PDP noted that, “Painfully, under the leadership of Emefiele, the CBN has failed in its core mandate of managing the economy and took a dive into propaganda, with claims that do not reflect the harsh economic reality on the ground.

    “The PDP therefore urges the EFCC not to allow this revelation to be swept under the carpet as it borders on serious economic sabotage which sanctions are clearly spelt out under our laws.”

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