By Jeph Ajobaju, Chief Copy Editor
Godwin Emefiele has been asked to resign over allegations by the All Progressives Congress (APC) that he has superintended over “massive looting” of funds in the Central Bank of Nigeria (CBN).
The Peoples Democratic Party (PDP) demanded his “immediate resignation and prosecution” and urged the Economic and Financial Crimes Commission (EFCC) to invite him for questioning over allegations made by APC National Secretary John Udoedehe on Channels Television on September 15.
“Nigerians were shocked when … Udoedehe … revealed that [Emefiele] supervised over the stealing of money in the apex bank, a development for which he must be investigated by the EFCC and if found wanting, prosecuted,” PDP National Publicity Secretary Kola Ologbondiya said in a statement.
“We have waited for a week for … Udoedehe to recant on his statement or for Emefiele to repudiate the APC National Secretary.
“Our party insists that beyond Akpan Udoedehe’s allegation, the tenure of Emefiele as CBN Governor under the APC administration has witnessed colossal failures of monetary and fiscal policies, requiring him to vacate the office and hand himself over for investigation.
“It is instructive to note that when Emefiele took office as CBN Governor in 2014 the naira exchanged for N164 to a dollar. Today, in the hands of Emefiele and the APC, the naira has tumbled to near N600 to a dollar, putting the nation’s economy on its knees.
“Painfully, under the leadership of Emefiele, the CBN has failed in its core mandate of managing the economy and took a dive into propaganda, with claims that do not reflect the harsh economic reality on the ground.
“The PDP therefore urges the EFCC not to allow this revelation to be swept under the carpet as it borders on serious economic sabotage which sanctions are clearly spelt out under our laws.”
