Business
How Emefiele handed CBN control to Buhari seven years ago – Ezekwesili
Oby Ezekwesili, Nigeria’s former Minister of Education has alleged that the Central Bank of Nigeria Governor, Godwin Emefiele, handed over the apex bank’s control to the President Muhammadu Buhari since the latter assumed office.
According to Exekwesili, the “ill-advised monetary policies” of the bank in the last seven years were “political”.
These allegations came up after Emefiele reportedly picked the All Progressives Congress N100m presidential nomination and expression of interest form.
He reportedly picked up the form on Friday in the Federal Capital Territory, Abuja.
The former minister in a series of tweets on his Twitter handle on Friday said the wrong monetary policies since Buhari assumed office in 2015 were testament that the bank had handed over its independence to the President.
She alleged that the hidden politics behind the wrong monetary policies and alleged control of the CBN by Buhari led to Emefiele’s open partisan politics.
She wrote, “If you did not know all along that Nigeria’s serial wrong and ill-advised Monetary Policies of the last 7 years were political because the @cenbank long handed its independence to the Villa @NGRPresident @MBuhari , at least now you know. They’ve outed themselves. Finally.”
Ezekwesili, however, asked the CBN governor to resign from his position and pursue his “ill-fated political career”.
She tweeted, “The Governor of Central Bank of Nigeria @cenbank must now immediately tender his resignation to stop further destroying whatever little remains of the country’s monetary policy reputation. Mr Emefele should leave immediately- tonight- to pursue his ill-fated political career.”
Aside from Ezekwesili, the Ondo State Governor, Rotimi Akeredolu, also asked Emefiele to resign from his position immediately following his intent to engage in partisan politics and contest the 2023 presidential election.
-
Featured4 days agoBREAKING NEWS: Shouts of joy rock the world as Pastor Chris opens final Healing Streams edition for 2026
-
Football5 days agoMan United shortlist Emery, Nagelsmann as potential replacements for Carrick
-
Business5 days agoHoodlums raid JED Benue office, abduct 10 staff over power dispute
-
Football5 days agoAston Villa ready to freeze out Garnacho to avoid £43m Chelsea transfer
-
Business1 week agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Latest4 days agoAkpabio tasks Tompolo-backed movement with spreading Tinubu’s renewed hope message
-
Business5 days agoEV adoption: Roxettes seeks cheaper financing, local manufacturing incentives
-
Business4 days agoHow Ethiopian Airlines is challenging Africa’s aviation narrative through self-reliance


