The Central Bank of Nigeria (CBN) has described the Wailing Wailers Group, using the hashtag #OccupyCBN on Twitter, as blackmailers fighting for the interest of economic saboteurs.

In a statement, the apex bank’s acting Director, Corporate Communications, Isaac Okoroafor, said the allegations by the group were “false and fabricated”. Recall that the group called on Nigerians to come out en mass under the hashtag #OccupyCBN on January 13 to protest at the CBN Headquarters.

The group made allegations of fraudulent Forex trading, round tripping and racketeering in CBN, manipulation of Forex, illegally funding Federal Government budget and shortchanging the Money Deposit Banks’ reserve ratio at the expense of the masses.

According to the group, Forex trading has been illegally turned to an exclusive business of “the friends and family of those in power as against the principle of banking, which allows for professionalism in trading and ensuring circulation to the business community for import and export of goods and services.” However, the apex bank’s spokesman refuted the allegations and accused the Wailing Wailers of being paid agents of some “selfish interest groups and enemies of the Nigerian economy.” He alleged that the group wanted to create markets for importers to the overall detriment of the Nigerian economy.

He said no amount of blackmail would make the CBN allow a practice whereby local farmers and industrialists who invested heavily in the production of Nigerian made products such as rice, fish, industrial starch, palm produce, wheat and wines would be made to close their farms and factories again.

This people wan go CBN, them no know say na shoot on sight order those soldiers dey abide by.... I pray no casualities sha

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Every body fighting for their daily biscuit.