PDP National Youth Agenda calls for Mr Emefiele immediate resignation as governor of the Central Bank of Nigeria.

By: Comr. Amb. Sulaiman Uwaisu Idris,
National Coordinator; 7th/ May/2022

The occupancy of Central Governor seat by Godwin Emefiele directly disengages all his so called commitment to the bank and by picking a nomination form, Mr Godwin Emefiele directly damage the purity and integrity of the Central Bank hallowed office.

It is in defence of the sanctity of a key institution of the country’s economic governance that PDP National Youth Agenda calls for Mr Emefiele immediate resignation as governor of the Central Bank of Nigeria to pursue his presidential ambition.

The statutory independence granted the Central Bank and its governor is compromised, and totally eroded, as a sitting and serving Governor of the Apex Bank becomes a politician, lobbying a delegate's to be an APC Flag bearer.

We have no concern with his inability to bring stable domestic prices in his role as Governor of the Central Bank of Nigeria since 2014.

We have no concern with his incompetence and pitiable handling of monetary and fiscal policies which have worsened the nation’s economy with proofs in inflation, weakened naira among other economic defects.

Nor is our worry to the many failed interventions contortions of Central Bank in diverse spheres of our economy.

He must tendered a resignation with immediate effect, and EFCC must apprehend him forthwith for siphoning the National Fund to pursue his political office.

As long as he remains at the helm, while he is consciously seeking the occupancy of a Presidential seat, the important work of the Central Bank and the monetary policy direction of the country will continue to be directly subordinated to the pursuit of the actualisation of his political ambitions. Because he as already destroyed the independence of the Bank.

Which Nigerian farmer would borrow money from the banks and turn around to spend his hard earned income on the CBN governor’s. Nonsense!

Signed:
Comr. Amb. Sulaiman Uwaisu Idris, National Coordinator PDP National Youth Agenda
pdpnya@gmail.com