Mr. Godwin Emefiele was the Immediate Past Governor of the Central Bank of Nigeria who on late Friday 9th June, 2023 was instructed by President Bola Ahmed Tinubu, GCFR to hand over his duties to the Deputy Governor, Mr. Folashodun Sonubi in charge of the Bank Operations.
Mr. Godwin Emefiele's becoming the Governor of the apex Bank was characterised by lots of issues on suspicion during the regime of President Goodluck Ebele Jonathan, through the grapevine that he helped to source N12b out of N15b funds needed to pay off the miscreants Fulanis imported from neighbouring countries that were to be used to cause problems in the country after the 2015 general elections. Having done this, his tenure was renewed and the miscreants Fulanis refused to leave after they were paid which resulted to the kidnapping, RUGA policy for land grabbing, Boko Haram and all sorts of things Nigerians faced including the obnoxious monetary policies to ward off the insincerity of the government.
Just as Nigerians were still battling with these poor economic mismanagement policies being dished out for lack of know-how by Mr. Emefiele, he came out with his intentions to be the number one in the country as President which in all civilised climes has not be heard of that the Governor of Central Bank vied for the the post of President still sitting on the management seat as the custodian of the country economy. This could only be possible in Nigeria where the past President remained apathetic to the plights of the citizenry.
The Civil Society Groups and other right thinkers in the country had to rise up to stop Mr. Emefiele from degrading the country in the comity of nations through his attitudes.
Irked by the stoppage of his unwarranted ambition, he overtly and covertly decided to put the country electioneering to jeopardy. He came out with the restructuring of the new naira notes, though this was hailed by majority but opposed the timing.
Unperturbed by hues and cries of Nigerians still aggrieved by his ambition stoppage, Emefiele continued on the new naira policy he poorly handled. Nigerians in numbers suffered the consequences, several died not able to access their money in the Banks for medication or feeding; several medium scale businesses folded up; laid off their workforce.
At the long run the elections went through hard times ever before its completion.
Mr. Emefiele silently devalued the naira and when asked, he denied.
These have been the misfortune of Mr. Godwin Emefiele to the country he is supposed to nurture its finances from doldrums to blossom which he failed to do.
He has been suspended to defend these and every other atrocities committed on the exalted seat.
People are happy for the right steps taken by the President as Nigerians have had it to the brim, therefore Mr. Godwin Emefiele is demanded to be tried squarely to receive the attended repercussions to serve as deterrent to others as Nigerians have never been treated badly economically like this before.
*Deacon Stanley Davies Olunogun*
_BabaPress/Onigege Ara_
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