PDP Demands Resignation, Investigation of Emefiele, Over Fraud Allegation by APC

Former CBN Governor, Mr. Godwin Emefiele

The Peoples Democratic Party (PDP) demands the immediate resignation and
prosecution of the Governor of the Central Bank of Nigeria (CBN) Godwin
Emefiele, going by allegations by the All Progressives Congress (APC)
that he superintended over massive looting of funds in the CBN.

Our party calls on the Economic and Financial Crimes Commission (EFCC)
to immediately invite Emefiele for questioning over allegations by the
National Secretary of the illegal APC National Caretaker Committee,
Senator John Akpan Udoedehe, that the CBN governor supervised over the
pillaging of the nation’s vaults under his watch.

Nigerians were shocked when Senator Akpan Udoedehe, on Channels TV
programme “Politics Today” of Wednesday, September 15, 2021, revealed
that the CBN governor supervised over the stealing of money in the apex
bank, a development for which he must be investigated by the EFCC and if
found wanting, prosecuted.

We have waited for a week for Senator Akpan Udoedehe to recant on his
statement or for Emefiele to repudiate the APC National Secretary.

Our party insists that beyond Akpan Udoedehe’s allegation, the tenure of
Emefiele as CBN governor under the APC administration has witnessed
colossal failures of monetary and fiscal policies, requiring him to
vacate the office and hand himself over for investigation.

It is instructive to note that when Emefiele took office as CBN Governor
in 2014 the naira exchanged for N164 to a dollar. Today, in the hands of
Emefiele and the APC, the naira has tumbled to near N600 to a dollar,
putting the nation’s economy on its knees.

Painfully, under the leadership of Emefiele, the CBN has failed in its
core mandate of managing the economy and took a dive into propaganda,
with claims that do not reflect the harsh economic reality on the
ground.

The PDP therefore urges the EFCC not to allow this revelation to be
swept under the carpet as it borders on serious economic sabotage which
sanctions are clearly spelt out under our laws.

Signed:

Kola Ologbondiyan
National Publicity Secretary

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