Business
Naira scarcity: Emefiele planning to provoke uprising, Fani-Kayode alleges
As scarcity of new naira notes continues across Nigeria, former minister of Aviation, Femi Fani-Kayode, has alleged that the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is planning to provoke an uprising in the country.
The chieftain of the All Progressive Congress (APC) accused the governor to be weaponizing the apex bank and that he wants to derail the country’s democracy by provoking an uprising.
In a Tweet on Tuesday, APC spokesman said, ”Emefiele has weaponised the CBN and is an enemy of democracy. The policy of cancelling old notes must be totally cancelled until AFTER the election and then done lawfully. He wants to cause a crisis, provoke a people’s uprising, derail our democracy and pave the way for an ING.
“He has NO plans to release enough new naira notes any time soon. He wants to STARVE the people of cash & drive them to rage out of frustration. This is not about politics but about stoking up protest & revolution. This is subversion & destabilisation. He must be stopped & caged!”
-
Business7 days agoThe Pros and Cons of Nigeria’s $10bn Surge in Capital Importation
-
Featured2 days agoTwo arrested after England team equipment stolen ahead of World Cup opener
-
Business4 days agoGround handlers suspend services to Max Air over unpaid debts
-
Featured7 days agoNigeria must move beyond zoning, choose leaders based on competence ahead of 2027 – Baba-Ahmed
-
Latest7 days agoKwankwasiyya dismisses reports of Kwankwaso’s exit from NDC
-
Aviation4 days agoNSIB recovers black boxes as probe deepens into private jet’s highway landing in Delta
-
Latest5 days agoReps bar first-term lawmakers, block Ugochinyere’s bid for minority leader
-
Business5 days agoNigeria’s PoS banking boom faces rising fraud threats as agents bear growing risks

