‘Nigeria’s financial system was rotten’ — Tinubu speaks on Emefiele’s arrest

President Bola Tinubu says the country’s financial system in the hands of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), “was rotten”.

Earlier in the month, Tinubu suspended the CBN governor and ordered a probe of his office.

Since then, Emefiele has been in the custody of the Department of State Services (DSS).

Speaking at an interactive session with Nigerians in Paris, France, the president said measures are being taken to address the alleged irregularities done by Emefiele.

“Then the financial system was rotten,” Tinubu said.

“Few people make bags of our money and then you yourself, you stopped sending money home to our poor parents. Several windows… but that is gone now, is gone.

“The man is in the hands of authorities, something is being done about that, they will sort themselves out.”

Tinubu said the subsidy on petrol needed to go because it was making a few people rich.

“They thought it was the joke of the century until I called NNPC. We are tired of feeding smugglers, making a few people rich, and subsidising the next-door neighbour,” the president said.

“I met with the president of the Benin Republic today. Everybody is equal now, we are friends. We are conjoined twins joined by the hips, how we will separate each other is with this fuel subsidy.

“Let us see whether we will survive or not but we are going to survive you.”

The president also said the federal government was working to make provisions that would cushion the effect of the removal of the subsidy.

“You want money to increase palliative, transportation. What are you protesting about? Are you sharing part of the subsidy? If you protest, I will join you and protest against it. And they stopped. No protest,” he said.

“Palliative we will get but we have to save the money in order to embark on a palliative [measures].”

https://www.thecable.ng/nigerias-financial-system-was-rotten-tinubu-speaks-on-emefieles-arrest/amp

Emefiele was like a fly that never listened until it perished with the carcass being buried in the ground.

He turned deaf ears to several warnings to him concerning the multiple forex windows, the obscenely unprecedented effontery to buy APC Presidential nomination form while still in office as CBN Governor and the gargantuan fraud in naira confiscation he touted as naira redesign policy. He and all his accomplices will have their days in court.
Check my signature for free stuffs!

EMEFIELE was a criminal claiming financial expert

BUHARI AND E-MEFIELE COLLUDED TO WORSEN THE SITUATION FOR US ALL.

Baba is doing well. But I can still see some incoherence o or the speech wasn't properly transcribed

But emefiele took orders from Buhari !



The Niger man should come and explain.

Look whose talking. . . .A thief convicting another thief!
A rotten financial system the thief and his family benifitted from.

FreeStuffsNG:
Emefiele was like a fly that never listened until it perished with the carcass being buried in the ground.

He turned deaf ears to several warnings to him concerning the multiple forex windows, the effontery to buy APC nomination form while still in office and the gargantuan fraud in naira confiscation he touted as naira redesign policy. He and all his accomplices will have their days in court.

U guys are very despicable u know
So a buhari supporter who defends every buhari policy is here talking rubbish about the person buhari used to enact those policies

Or were u heartless things supporting buhari because u guys wanted tinubu to become president? Everyone can see through ur wicked hearts

Keep deceiving the gullibles… was it clean when u moved two bullion vans or nominated the former NIRS boss.

Lol… inflation is rising o

Titi Kamara's meaning of "corruption" here is certainly different from that of Oxford dictionary definition of corruption.
Cos I don't believe he can use that word on someone else.

Tinubu just affirmed what we have been saying. How can Two bullion vans loaded with cash drive into an individuals house.

Shows how rotten Nigerian financial system, and by extension security organizations are.

We're back to the days of propaganda especially when travelling abroad while the economy suffers with inflation rising very fast. Emefiele was only obeying orders from Buhari and Tinubu is clearly incoherent in speech.

KanwuliaExtra:
Look whose talking. . . .A thief convicting another thief!
A rotten financial system the thief and his family benifitted from.

It's better you quit this wailing of a thing . The man has always triumphed against you people and he'll continue to as far as it's because of hatred.

Meanwhile Tinubu was in opposition for 16 years and EFCC was never on his neck even in their glorious days and neither was he convicted of any crime so he's as "clean" as your Peter Obi and even more

Second term no shaking for Mazi Tinubu

Both the OP o, Buhari and Tinubu, as well as all APC affiliates are horrible occurrences in this country.

What's with this pretence that they aren't aware of what they were doing all these while? Did they all suddenly develop amnesia?

That you replaced the steering wheel cover of a vehicle doesn't make it a new one. Remain irrelevant as you were destined to be.

We've seen this sort of noise before at the start and it turned out to be nonsense tenureship. We've seen this Emefiele script with Dasuki and we know how it ended. Unlike you, we don't have amnesia.

FreeStuffsNG:
Emefiele was like a fly that never listened until it perished with the carcass being buried in the ground.

He turned deaf ears to several warnings to him concerning the multiple forex windows, the effontery to buy APC nomination form while still in office and the gargantuan fraud in naira confiscation he touted as naira redesign policy. He and all his accomplices will have their days in court.

Omo your job description hard oh. Few months ago, you were defending Emefiele and all his decisions saying they were best for Nigeria. Today, you're throwing him under the bus because of the new emperor.

Anything to put food on the table sha. Nigeria hard for all of us including you so I really don't blame you much

It's the picture for me... I don't know how Asiwaju command so much respect. I just don't know.

Emefiele and his CBN virtually had
no oversight as he settled everyone
and ran CBN like a private limited
liability company.

And a very unfortunate thing about the
9th assembly is to make deals with any
government organ they had oversight on.
Once the organs were settling them, they
allowed such organizations get away with
murder if necessary, while we the citizens
suffer as our quality of life gradually
eroded.

Chai
Emewerey see your self!!

CondenseMilk:
But emefiele took orders from Buhari !



The Niger man should come and explain.

If you are waiting ng for Buhari to be probed, you may have to wait forever.

No president probes his predecessor in Nigeria.

Emiefile who chose to be errand boy for Buhari will be the one to face the consequences.

Zionmdde:

U guys are very despicable u know
So a buhari supporter who defends every buhari policy is here talking rubbish about the person buhari used to enact those policies

Or were u heartless things supporting buhari because u guys wanted tinubu to become president? Everyone can see through ur wicked hearts

How did tinubu support /defend all Buhari policies? Is that what they told you?
You don't even know that Buhari doesn't listen to anyone except his kinsmen. Tinubu even advised him and recommended some people to work with him but Buhari reportedly rejected them all when his cabal told him that Tinubu was trying to control the president by proxy.

The news was all over the place when Buhari reportedly excommunicated tinubu. You guys were here mocking him that Buhari has used and dumped him.

He was never in support of Buhari's maladministration all along but he can not come to challenge him because he has his own ambition and he knows Buhari will go all out to truncate his presidential ambition if he sees him as an enemy.
That is why tinubu was mute in the face of Nigeria's rotten economy

He said in one of his campaigns that Buhari and his goons have eyes but they can't see, they have brains but can't think etc. Someone who supports Buhari's policies can't make such Statements.

Charge him to court and stop all these media propaganda

KanwuliaExtra:
Look whose talking. . . .A thief convicting another thief!
A rotten financial system the thief and his family benifitted from.

Stop crying . Not all Riches are the beneficial of oil subsidy and cbn bad policy.

But you are or will be appointing those that were part of the rotten system especially former govts , fighting financial corruption can not start and end with Emefiele

SmallmebigGod:
Baba is doing well. But I can still see some incoherence o or the speech wasn't properly transcribed

You see what you want to see.
Have is a terrible poison

CondenseMilk:
But emefiele took orders from Buhari !



The Niger man should come and explain.

Emefiele is the financial expert, not Buhari.
Emefiele is the one that proposes and executes these policies.

Well, Buhari is complicit in this too because he gives the go-ahead and ignorance is never an excuse............... But he's Buhari, a powerful Nigerian ex-President so Emefiele will pay for his sins instead.

Sorry, it's the African way.

Buhari messed up big time. He let Emefiele get away with a lot of things.

FreeStuffsNG:
‘Nigeria’s financial system was rotten’ — Tinubu speaks on Emefiele’s arrest






https://www.thecable.ng/nigerias-financial-system-was-rotten-tinubu-speaks-on-emefieles-arrest/amp

Emefielellele emiofolele, go COLLECT

Godfullsam:


How did tinubu support /defend all Buhari policies? Is that what they told you?
You don't even know that Buhari doesn't listen to anyone except his kinsmen. Tinubu even advised him and recommended some people to work with him but Buhari reportedly rejected them all when his cabal told him that Tinubu was trying to control the president by proxy.

The news was all over the place when Buhari reportedly excommunicated tinubu. You guys were here mocking him that Buhari has used and dumped him.

He was never in support of Buhari's maladministration all along but he can not come to challenge him because he has his own ambition and he knows Buhari will go all out to truncate his presidential ambition if he sees him as an enemy.
That is why tinubu was mute in the face of Nigeria's rotten economy

He said in one of his campaigns that Buhari and his goons have eyes but they can't see, they have brains but can't think etc. Someone who supports Buhari's policies can't make such Statements.

Then why did Tinubu support his second term bid even after failing woefully in his first term, you claim Tinubu is a good decision maker and he rewarded failure with promotion, are you people well at all?

Bt bubu his oga and also d minister of petroleum is a saint

Godfullsam:


How did tinubu support /defend all Buhari policies? Is that what they told you?
You don't even know that Buhari doesn't listen to anyone except his kinsmen. Tinubu even advised him and recommended some people to work with him but Buhari reportedly rejected them all when his cabal told him that Tinubu was trying to control the president by proxy.

The news was all over the place when Buhari reportedly excommunicated tinubu. You guys were here mocking him that Buhari has used and dumped him.

He was never in support of Buhari's maladministration all along but he can not come to challenge him because he has his own ambition and he knows Buhari will go all out to truncate his presidential ambition if he sees him as an enemy.
That is why tinubu was mute in the face of Nigeria's rotten economy

He said in one of his campaigns that Buhari and his goons have eyes but they can't see, they have brains but can't think etc. Someone who supports Buhari's policies can't make such Statements.

Lol
What you guys use to deceive yourselves. So tinubu knew of the rotten economy and he supported buhari for a second term
Moreover how is it that all Buhari's supporters here for 8 years switched to tinubu and then found out buhari ran a rotten economy

U guys are just heartless things. It's all about apc abi. Wicked things