₦airaland Forum

Tflex01:
I'm glad a Yoruba man as president is tormenting haters like you this way. We were smart enough to quickly realize that the whole noise against Tinubu was not for any better Nigeria as claimed but deep seated hatred against the Yorubas and we quickly retraced our steps to support our own.

I'm so glad most of you are choking on your hate, depressed and miserable.

May you never heal!

Mankindman:
The Rise and Fall of Godwin Emefiele: From Central Bank Governor to Political Failure, to a detainee in DSS custody.
Godwin Emefiele, once hailed as a beacon of hope for Nigeria's economic stability, has experienced a dramatic rise and fall in his political career.
As the former Governor of the Central Bank of Nigeria (CBN), Emefiele was tasked with steering the country's monetary policies and safeguarding the financial well-being of its citizens. However, his tenure was marred by controversies, mismanagement, and allegations of corruption, ultimately leading to his suspension and detainment. This article delves into the tumultuous journey of Godwin Emefiele and sheds light on how his actions made life difficult for the Nigerian people.

The Rise of Godwin Emefiele:
Godwin Emefiele's journey to the top began in 2014 when he was appointed as the Governor of the CBN by former President Goodluck Jonathan. Emefiele promised to prioritize the stabilization of the Nigerian economy, combat inflation, and promote sustainable growth. Initially, he received praise for implementing measures to protect the Nigerian naira and boost foreign reserves.

Emefiele's policies, such as restrictions on access to foreign exchange and the establishment of import substitution initiatives, were aimed at stimulating local industries. These efforts gained him support from sectors advocating for economic self-sufficiency. However, as time progressed, it became evident that his policies had adverse effects on the average Nigerian citizen.

The Fall of Godwin Emefiele:
Emefiele's tenure was marked by a series of missteps and allegations of corruption. One of the most significant controversies was the "forex crisis" that unfolded during his time as Governor. The CBN, under Emefiele's leadership, implemented strict foreign exchange controls, resulting in a scarcity of dollars and a thriving black market. This led to an astronomical rise in the exchange rate, negatively impacting businesses, stifling investment, and causing skyrocketing prices for essential commodities.

Moreover, Emefiele faced accusations of mismanagement, financing terrorism,and lack of transparency in the banking sector. Several financial institutions experienced distress, with some even collapsing under his watch. The failure of these banks left depositors in financial ruin, with little to no recourse for their losses. These incidents exposed the fragility and inadequacies of the regulatory system overseen by Emefiele.

Political Foray and Detainment:
Emefiele's controversial tenure as the CBN Governor led to a loss of confidence from both the public and the government. Despite the mounting criticisms, he decided to venture into politics, seeking to contest in Presidential primary election under the ruining (rulling) APC while retaining his position as the CBN governor. However, his political aspirations were met with disdain from the Nigerian populace, who saw him as a symbol of economic mismanagement and elitism.
Following his suspension as the CBN Governor, Emefiele was detained and faced charges of financial impropriety and abuse of office. The allegations against him included diverting funds meant for economic development, manipulating foreign exchange rates for personal gain, and engaging in unethical practices during bank rescues.

Impact on Nigerian Citizens:
Emefiele's tenure and subsequent actions made life increasingly difficult for the Nigerian people. The forex crisis resulted in high inflation, reduced purchasing power, and an increase in the cost of living. Small and medium-sized enterprises struggled to access foreign exchange, hampering their ability to import essential goods and raw materials. The banking sector's instability under Emefiele's watch caused significant losses for depositors, further eroding trust in the financial system.
The emergency and deceptive confiscation of masses deposit under the guise of swapping old currency for a new one with aim of preventing vote buying and curtailing kidnapping and ransome payment by bandits. This was the straw that broke the camel back. No Nigerian would ever forgive Emefiele and the expired BUHARI government of the punishment this policy caused Nigerians. Naira was so scarce and the drivers of the Nation's economy was totally paralyzed. People were using Naira to buy Naira, people could not pay for goods and services in the informal sectors. Curses were rained on Emefiele on daily basis. Some governors took the CBN and the failed president to court and the supreme court gave a verdict that the old currency remains a legal tender, despite this rulling, Emefiele was reluctant to implement the court rulling.
It took a rebuttal by the presidency to deny Emefiele publicly that the Daura general was not a party to the disobedience of supreme court ruling before Emefiele could comply with the said judgement.
Finally:
The rise and fall of Godwin Emefiele serve as a cautionary tale of the consequences of mismanagement, corruption, and a lack of accountability in the leadership of a central bank. While Emefiele initially promised economic stability and growth, his policies and actions led to his utmost fall 🍂🍁.
Indeed, absolute power is transient, the mighty are falling.
Next on the falling mighty list is Abubakar MALAMI, Mele Kyari, Hadi Sirika, Isa Ali Pantami, Hameed Ali. These individuals really dealt a death blows on Nigerians.
Congratulations to all Nigerians that survived their wicked and inhumane policy, the 8 years of the destructive locusts, the 8 years of pandemic grasshoppers, the 8 years of herdsmen killing caterpillars, the 8;years of cankerworms from the Sadeast.
May this PBAT administration favour us and our families and restored the glory of our Nation. Amen.
May the calamity of O-bidiot the pathological liar never befall us in Nigeria, Amen.
May the calamity of Atiku the kleptomania whom all the oil wells in Nigeria cannot satisfy his appetite for wealth and stealing of our resources never befall our nation again, Amen.
In vain shall the Obi-diots labour at the tribunal and supreme court.
In sorrow and tears shall the fraudulent petition of Atiku end, Amen.



https://www.youtube.com/watch?v=XlltuAdPED8

Mankindman:
Emefiele tenure was a man made disaster that brought Nigeria to her knees.
This man is just too wicked.
Wickedness redefined.
He even disobeyed the supreme court.

Mankindman:
The best antidote for Nigeria headless mobb is to ignore them.
Just ignore and ignore them.
They remain in griefs., the got stucked in denial.
98% of the children of hate still believe that PBAT is not the president.
They are really suffering from headless mobb syndrome.
Obi-diots syndrome
Elupi syndrome
Alaigbo syndrome.
Labour in vain syndrome.

Mankindman:
https://www.nairaland.com/7645710/letter-seun-osewa

Its important you recognize me as the no1 patriot on this least. It was me vs the Obi-diots
I was banned week in, week out by the moderators in Politics section.
I took the war to Seun, It was the letter I addressed to Seun that made Nairaland to lift the electronic embargoes on our patriots.
I deserved to be mentioned on the list.
All the same, I congratulates our E-warrior for a well deserved victory of our President at the poll
May his tenure favour us and our families.
The Calamity of Obi-diot would not strike us in this nation, Amen.
Kudos to you all. Nigeria would surely work.
We made no mistake by standing with Asiwaju of Nigeria.
The children of hate would labour and suffer in vain. They are the real enemies of Nigeria.
They are the children of drug barons that are falsely accusing our president of drug stories.

harqinhola:
Surprisingly , the group is made up of Nigerians from all tribes and all the geographical region that make up this great country . I am an ardent believer in Christ, a Yoruba and I DO NOT HATE IGBOS EITHER . Yet I support Bola Tinubu . I don’t have to hate Igbos to love my country . My decision to support Bola Tinubu was solely based on capacity not tribal affiliation or religious bigotry. I WANT NIGERIA TO BE A GREAT COUNTRY , NOT JUST MY TRIBE .

By the way , I understand the Igbos sentiment of wanting to produce the next president, I do not totally disregard this desire and urge to taste power at the federal level but my plight is , AS A UNITED COUNTRY , WE MUST LOOK BEYOND TRIBE IN SELECTING WHO LEADS US . It must be based on competence and merit . Nothing more .

Thanks

duro4chang:
I think Buhari is still going to win. It is generally believed that Buhari is clean, I mean not corrupt and a good Muslim.

duro4chang:
You spoke well. What I am trying to say is that in this country both followers and leaders are guilty. If one ex governor is arrested today for corruption, you will hear people saying he is arrested because he is from our side etc... eggxactly. That is why we should be bold at all times to say the truth no matter whose ox is gored,wether Kalu or YARI and not be shaking like shakeSpare cos of Hausa Fulani The governor's were once followers like us. They didn't jump down from the sky. Those who are in power today were sometimes ago not in power but when they get to power nko? They begin to do what they have accused their predecessors of doing. Until we all change, there can never be any meaningful change. The change we are talking about should come from us.

duro4chang:
No wonder, the slaves are playing victim mentality since they don't have power to attack. They are only crying and wailing upandan.

duro4chang:
Always playing victim mentality

oshogbo harvesting and mining unit and center of the manufacturing

pandoragirigory:
Nigerians didn't call for destruction off USA, UK, etc like Kanu nnamdi did and one Igbo boy Chinasa Micheal burn BRT buses in Lagos, Nigeria didn't executive coup and robbed USA, UK, etc like mostly Igbos coup plotters did in 1966, Nigerians didn't force themselves to be elected like Igbos was forcing one Chinedu Rhodes-Vivour that detested yorubas on them

the moment the likes of leodeking okoyibo thefacelessman realise nobody send them

muykem:
Good one from Lagos state. We should encourage our locally made products. Nobody hate Igbo. What we are saying is that, determine who rules Anambra, Eungu, Abia, imo and Ebonyi. Let us determine who rules Lagos, Oyo, Ondo, Ogun and Osun so there's no hatred at all.