aegis if Nigerians in Diaspora Monitoring Group (NDMG) accused the CBN governor of handling the naira poorly.
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The group in a statement signed by its United Kingdom coordinator Adeka Oyinlo and made available to NAIJ.com said Emefiele through questionable monetary policy ruined the value of Nigeria’s currency. The group also threatened to embark on a massive protest at the Nigeria’s High Commission in United Kingdom if Emefiele is not sacked immediately.
The statement also said other chapters of the NDMG have also been contacted to take the same action. Oyinlo said the problems caused by Emefiele are so grave.
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Emefiele should have been fired immediately while the president retroactively seek Senate’s backing but that the need to adhere to due process and the necessity of not spooking the economy were the only argument against such approach.
He added that anyone with honour would have resigned as the governor of the apex bank without waiting for outcry from Nigerians. Oyinlo noting the recruitment scandal at the CBN said Nigeria’s dwindling economy is a result of Emefiele’s service of interest to his cronies in and out of the government. Oyinlo said: “We have seen Mr Emefiele converting the Central Bank of Nigeria into the personal bank of his business friends which he used to raise dollars for them to execute projects not just in Nigeria but also in other African countries without a thought for how this would affect the nation’s economy.”
Source:Naij
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