GOVERNOR of the Central Bank of Nigeria, Godwin Emefiele, sent millions of tongues wagging with his decision to purchase the N100 million presidential nomination form of the All Progressives’ Congress (APC) in the build-up to the party’s primary election in June last year. It later emerged that the CBN governor had not only acquired the party’s nomination forms but had also bought a fleet of vehicles for his campaign. 

As things turned out, however, Emefiele had to give up on the idea of contesting the presidential election due mainly to the public outrage against the idea. The fact remains, however, that the dust raised by that move is yet to settle with the deluge of questions that are left unanswered.

Where are the vehicles now? Who supplied them? How true is the claim that some of the vehicles are now with the campaign organization of a presidential candidate through a governor that is very close to the CBN governor? What does that suggest? A chummy relationship between the said presidential candidate and Emefiele? How neutral is the CBN governor?

Since his foray into politics exemplified by his failed presidential bid, how much time does he have for monetary matters which constitute the core mandate of the CBN? How has he fared on this assignment? What was the rate of inflation before he assumed office and what is it now? What was the exchange rate before he assumed office and now? What was the country’s foreign reserve then and now? What has become of his rice pyramids?

Earlier in the week, he compounded failure with insensitivity, describing the millions of Nigerians on queues at ATM points around the country as miscreants who had no need for cash but were only there to sell their turns for some others in dire need of cash. Really?

Has Buhari’s soldier spirit rubbed off on Emefiele?

There is an adage to the effect that when a leaf stays too long on a bar of soap, the leaf itself would turn into soap. That seemed to be the case with the relationship between President Muhammadu Buhari and the Central Bank Governor Godwin Emefiele. The latter appears to have rubbed mind so much with the former that he has caught the spirit of a soldier.

Since the scarcity of notes and consequent agitation provoked by the naira redesigning policy, Emefiele, a finance man, has elected to speak like a soldier and issue threats on a daily basis rather than speak with facts and figures. Because he takes orders from a soldier, he now thinks and acts as one; no longer as a sober, shrewd, reflective and analytical financial expert.
Consequent on the foregoing, everything about naira redesigning, a poorly implemented policy that has shaken the nation to its foundation in recent weeks, has been opaque. In his broadcast to the nation on Thursday, Buhari had admitted that he approved the policy. But from every indication, it was a unilateral decision on the part of the President, and that much came to light when the Minister of Finance declared on national television that she had no knowledge of it.

Was the policy debated by the Federal Executive Council? No. So who did the President discuss the idea with apart from Emefiele? We may never know. Like President Buhari, Emefiele is keeping everything to himself. He would not disclose how much of the new notes have been printed or the breakdown of the total N2.1 trillion that has been returned to the banks. Buhari directed that the N200 notes already collected from the public should be re-circulated. But what is the value? Emefiele does not think we should know.

Kaduna State Governor Nasir el-Rufai, says the amount in question will not solve the problem of naira scarcity, noting that over N2 trillion was withdrawn while only N400 billion had been printed as at February. But rather than debunk the governor’s claims with facts and figures, Emefiele is asking security agents to go after POS operators. He forgot his elementary economics that this is what you get in times of scarcity. 

Aides shock governor over support base for Atiku
A GOVERNOR of one of the South-South states has received the shock of his life after he was told by two of his aides that his preferred presidential candidate, Alhaji Atiku Abubakar, has no chance of winning the state in the forthcoming presidential election.
The state in question is one that pundits have penciled down as a must-win for Atiku. The governor himself had nursed no doubt in his mind that his preferred candidate would win massively in the state considering that the state has consistently voted for PDP since 1999.
At a meeting with some people he sees as his trusted allies, he had said that he was so sure Atiku would have over 70 per cent of the votes in the state, leaving the remaining 30 per cent for other candidates to share. Not so fast, an aide reportedly shot back, leaving the governor shocked that his aide could fault him on the matter.
Turning to the aide, he asked, “What are you saying?” The aide then shed light on his claim, saying, “Our people are for power shift, your Excellency. That is what the grassroots are saying.” And before the governor could speak, another aide said, “The two leading southern candidates (Asiwaju Bola Ahmed Tinubu and Peter Obi) should not be brushed aside sir. The grassroots are with them. “
Shocked by what he heard, the governor ended the meeting abruptly.
Fashola’s devastating blow on Jandor
In an instance of the instability of human relationships, two former political associates, namely the Minister of Works, Power and Housing and former Lagos State Governor Babatunde Fashola and the governorship candidate of the Peoples Democratic Party (PDP) in Lagos State Abdul-Azeez Olajide Adediran a.k.a. Jandor, are at daggers drawn in the build-up to the forthcoming general election.
Until he defected to the PDP in December 2021, the popular belief was that Jandor was being used as Fashola’s foot soldier to unsettle the APC government in Lagos State, following speculations that Fashola was in disagreement with some members of the party’s hierarchy in the state.
All that however changed with a devastating blow the former governor of Lagos State delivered on Jandor at the formal launch of the Eko o ni baje 10,000 Foot Soldiers on Thursday last week. Speaking at the occasion, Fashola said Jandor should not see himself as a governorship material simply because he functioned as his (Fashola’s) cameraman when he was governor.
He said: “Some people say they will take the land from us. That is too much. I did the job of governor for eight years, and part of what helped me was that I was chief of staff to the governor. Even that was not enough.
“So, just following a governor being a cameraman and then watching me for eight years, then you think you will now be a governor, you are not ready. Come to our leadership school; you are not yet ready.”


https://thenationonlineng.net/emefieles-campaign-vehicles-provoke-questions/

This naira redesign affects Tinubu so much like this?

By this time next week Saturday when Obi must have been declared winner of this election, normalcy will return to Nigeria!

Go ask CBN Governor himself & stop disturbing our peace.

You keep reframing same essay over & again.

What's our concern with Emefiele ?

You cowards should stop attacking emefiele and attack President Muhammadu Buhari that ordered Emefiele to change the naira.

Ok I just checked the source of this useless news and it's coming from bola Tinubu newspaper company, theNation

Rubbish!

StrongAlphMale:
By this time next week Saturday when Obi must have been declared winner of this election, normalcy will return to Nigeria!

Hahahaha #2 billions stolen Anambra state tax payers money is working

[quote author=yarimo post=121011364][/quote]
Inec Chiarman

yarimo:
Hahahaha #2 billions stolen Anambra state tax payers money is working

Talking always like a Child

Na was for Tinubu and his supporters o, all these propaganda for Emefiele because of policy and it is coming from the nation new paper.

Gist lover now seems more credible than the nation news paper

Nigerians have chosen President Peter Obi(GCFR)

shuttox:

Talking always like a Child

Hahahaha

shuttox:

Inec Chiarman

congratulations

Once you hit them, they run back into their newsroom to pen down useless propaganda thinking we are still in the old times when they used media propaganda as tool to achieve their dubious aims. Now, every man in this planet has access to quality news as long as he has internet so their media propaganda no fit work again.

Urchins can dig till eternity...

Tell Tinupoo, Elrufai and Ganduje to go and deposit their billions of old notes in any of the CBN branches nationwide if they are clean money...

Imagine somebody overseeing naija money in a sacred office,having the guts to come out to contest political post? And still un sacked?