New naira notes: Emefiele told to resign or face litigation

Godwin Emefiele
Suspended CBN Governor Godwin Emefiele

By HARUNA AHMED, Sokoto –

The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been asked to resign within 72 hours or face legal action.

A group, known as the Concern Citizens of Sokoto State (CCSS) made the call in a letter dated Feb. 2, which was addressed to the CBN governor in Sokoto on Friday.

A copy of the letter, which was sighted by NATIONAL ACCORD was signed by the CCSS National Coordinator, Alhaji Abubakar Abdullahi.

The letter said the decision was taken after reviewing the whole episode of Emefiele’s meeting with the members of the House of Representatives in Abuja.

It alleged that the CBN governor’s comments and interaction does not suggest his qualification a day longer to lead the institution.

“Our reason for coming to this conclusion is when a member of the Assembly committee referred you to Section 20 of the CBN Act.

“You admitted that the Act exists. Which means you might not know about the Act until your attention was called.

“So, if that’s the case, it means you are not suppose to lead an institution which rules and regulations you are not conversant with,“ it said.

The CCSS added that if the CBN governor was aware of the Act and deliberately failed to draw the attention of President Muhammadu Buhari and the public, then it “is an act of sabotage to the leaders and citizens“.

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