PDP demands immediate resignation, investigation of Emefiele over fraud allegation by APC


The Peoples Democratic Party (PDP) has demanded the immediate resignation and prosecution of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele over allegations by the All Progressives Congress (APC) that he superintended over massive looting of funds at the CBN.

The party called on the Economic and Financial Crimes Commission (EFCC) to immediately invite Emefiele for questioning over allegations by the National Secretary of the APC National Caretaker Committee, Senator John Akpan Udoedehe that the CBN governor supervised over the pillaging of the nation’s vaults under his watch.

According to PDP, “Nigerians were shocked when Senator Akpan Udoedehe on Channels TV programme “Politics Today” of Wednesday, September 15, 2021 revealed that the CBN governor supervised over the stealing of money at the apex bank, a development for which he must be investigated by the EFCC and if found wanting, prosecuted.

“We have waited for a week for Senator Akpan 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.”

PDP noted that when Emefiele took office as CBN Governor in 2014, the naira exchanged for N164 to a dollar adding that today, in the hands of Emefiele and the APC, the naira had 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 party said.

The PDP therefore urged the EFCC not to allow this revelation to be swept under the carpet as it bordered on serious economic sabotage which sanctions were clearly spelt out under the laws.

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