Reuters is reporting that there are about 100 youth protesters the CBN office in Abuja.

ABUJA Oct 11 (Reuters) - Nigerian policemen and soldiers on Tuesday dispersed around 100 youth protesters demanding the resignation of central bank governor Godwin Emefiele over rising inflation and a falling currency, a Reuters witness said.

The protesters marched to the central bank's headquarters in the capital Abuja, accusing it of failing to drag Africa's biggest economy and energy producer out of recession and stopping the descent of the naira against the dollar.

In front of the bank's main entrance, they held up placards saying "Emefiele must go" and "Where is your conscience, Emefiele?" until policemen and soldiers scattered them.

It was the first sign of public unrest targeting the central bank during the current economic crunch.

Nigeria is in recession as a slump in vital oil revenues has hammered public finances and the currency, driving up the prices of imported goods and basic food such as milk. The West African nation needs to buy abroad to meet most of its food needs.

Annual inflation accelerated to 17.5 percent in August, compared with 9.3 percent in the same month last year.

In June the central bank dropped its peg of the naira to the dollar, prompting the currency to depreciate by 40 percent in a step meant to attract more investors. But bankers say the move has only sped up the decline of the naira on the parallel black market, which has become the benchmark.

On Tuesday, the naira traded at 310 against the dollar on the official interbank market and 470 on the black market, according to dealers. (Reporting by Felix Onuah and Oludare Mayowa; Writing by Ulf Laessing; Editing by Mark Heinrich)

http://af.reuters.com/article/nigeriaNews/idAFL8N1CH41P

Purchased clowns.

Spornsored by the same double tongued folks that just gave him vote of confidence. We are aware.

Emefiele must go

By the time PMB and Nigerians realized that Emefiele is only turning out policies that will favour his Masters( The so called financial gurus and banks owners) it will be too late. What manner of a CBN governor will increase MPR from 12% to 14% in an inflation that is cost- pushed? What manner of CBN Governor will operate a floating Forex policy where the difference between interbank rate and parallel market rate is more than N100.
Why is our foreign reserves depleting fast...............
Emefiele can deceive some gullible Nigerians but the foreign investors are not deceived. That is why they are not bringing their funds.

person wey buhari de pass vote of confidence for

SMH

Keneking:
Emefiele must go

Adeosun must go

Confused protesters.

fiizznation:
If I were to be in abuja or anywhere close to there, I would've definitely join the protesters. Let's face the fact, that CBN governor is highly incompetent, confused etc. He should resign ASAP. His recklessness is out of this world. How can anybody explain his forex policy? His stupid rules against commercial banks?

Look at how the guy 'destroyed' the naira because of his dumb-skull. Smh

Buhari understands his forex policy cos he just passed a vote of confidence on him so those protesters should direct their anger on Buboo.

If I am Emefiele, I will just hand over to one Afonja or Herdsman and watch the financial sector crumble.

They should call for Buhari's resignation instead

.

I pity the man

Would they do better?

Is Emefiele the one to blame? Direct your frustrations towards the President.

Abeg make that Emefiele go siddon for one retirement home. We have had enough of his policy somersault. We need fresh hands.

It's Buhari's fault

To occupy Abuja they hungry me

Let that yoruba biiitch, kemi, step down as minister. She is as good as a sales girl.

Afonja fools. Your hatred for anything good from ur fellow southerners will continue to enslave u pple. Kemi is the one that Soludo should replace and we will see growth in that sector. U know it, I know it but ur bigotry will not allow u. Let's continue to enjoy Buhari.

Bobandgreat:
Afonja fools. Your hatred for anything good from ur fellow southerners will continue to enslave u pple. Kemi is the one that Soludo should replace and we will see growth in that sector. U know it, I know it but ur bigotry will not allow u. Let's continue to enjoy Buhari.

Statements like this made Awolowo, Obasanjo and Benjamin Adekunle to use over 3 million stubborn goats from the drug and fraud region for pepper soup and suya between 1967 and 1970.

Dear moderator, if you barn me without banning the stubborn goat that I quoted as you have displayed your partiality in the past, then you too are isi-ewu.

Like its going to make any difference?

You have no idea what you are talking about. If you check well, this protest is spornsored by the same clowns that gave the UNSOLICITED vote of confidence.

TheFreeOne:


Buhari understands his forex policy cos he just passed a vote of confidence on him so those protesters should direct their anger on Buboo.

If Emefiele is resigning I think Mrs kemi Adeosun should also resign. We need better hands to manage our economy

simpleseyi:


Statements like this made Awolowo, Obasanjo and Benjamin Adekunle to use over 3 million stubborn goats from the drug and fraud region for pepper soup and suya between 1967 and 1970.

Dear moderator, if you barn me without banning the stubborn goat that I quoted as you have displayed your partiality in the past, then you too are isi-ewu.

Afonja fools keep exibiting their bigotry. So now the stubborn goats had issue with Afonja fools that made them allow themselves to be used by slave masters to prosecute a war that didn't concern them. These fools were dealt with one by one by their masters except the greatest Afonja of them all. He has no say, his survival depends on following their dictates. It made that Afonja to pitch tents with his sworn enemy, an upcoming Afonja, just because he had to exhibit his inborn servitude trait. The stubborn goats have survived and live freely while the Afonjas know they cant survive outside slavery.

Stop calling the mods man. Let's discuss.

pchukwudi:
You have no idea what you are talking about. If you check well, this protest is spornsored by the same clowns that gave the UNSOLICITED vote of confidence.

You are the one who didn't understand my sarcastic response to @fiizznation.