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APC Chieftain Backs EFCC, Asks Buhari To Sack CBN Governor - Business - Nairaland

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APC Chieftain Backs EFCC, Asks Buhari To Sack CBN Governor by Ojotu1(m): 2:49pm On Oct 06, 2021
By Yemi Itodo

President Muhammad Buhari has been asked to relieve the current Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefile, over sundry allegations.

Dr. Garus Gololo, a chieftain of the ruling All Progressive Congress (APC), while addressing newsmen in Abuja on Tuesday, also threw his weight behind the ongoing probe of the CBN by the Economic and Financial Crimes Commission (EFCC).

The EFCC has been investigating an alleged multi-billion naira fraud at the CBN, which centres on the disbursement of a loan facility being managed by the Director in charge of the CBN agricultural loans, Mr. Yila Yusuf.

Gololo said, the CBN Governor had not done enough to improve the economy of the nation, through strong monetary policies.

"Look at the naira value right now, before Emefile came, it was around N165 to one dollar, but now, it's getting close to N600 per dollar. And you want him to stay there till 10 years, that means the dollar would be around N6,000 before he rounds up his tenure.

"Just to handle disbursement of agricultural loans, billions of naira of the loan facilities is unaccounted for. I read on Sahara Reporters today that he is lobbying the Attorney-General to stop the EFCC probe.

"We will not allow that to happen. Let the EFCC continue with the probe. In fact, let them even make it an open thing. Let them not hide anything.

"And let me use this opportunity to call on President Buhari to sack the CBN Governor. What Sanusi did before he was removed was not up to this. I wonder why Emefile would still be kept in office till now", Gololo said.

When asked if his call for the head of the CBN Governor was not connected to the latest ban on Aboki FX, a foreign based exchange merchant; Gololo said the name Aboki FX was a misleading name.

"When people hear Aboki FX, the first thing that comes to mind is that, the fellow is a northerner, but I tell you, from investigations, the brain behind that brand is a Yoruba man, Mr. Onigbinde Adedotun. I'm not even in support of him. But Emefile is not a good economy Manager.

"How many Bureau De Change agents he awarded certificates to? By the time the EFCC continue with the probe, many more revelations into the activities of the CBN Governor would he unearthed", he added.

Re: APC Chieftain Backs EFCC, Asks Buhari To Sack CBN Governor by SmartPolician: 3:02pm On Oct 06, 2021
Who gave Buhari the power to sack the CBN governor? Buhari can only use the Jonathan-to-Sanusi style to kick him out of the system. Emefiele is a monumental disaster.
Re: APC Chieftain Backs EFCC, Asks Buhari To Sack CBN Governor by Greenback: 3:11pm On Oct 06, 2021
Anybody expecting Emiefele to perform magic under a buhari administration,is /are on a very long thing!!!!
The MD of NPA whose fraudulent activitiesAmaechi exposed,did they say anything about her?
If they are pointing fingers at the CBN gov,what about the minister of finance?!!!
Useless mallams.
If Emiefele is a northerner,you will never hear them say or do anything!

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