Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has been accused of using voodoo economics, and President Muhammadu Buhari has been asked to fire him right away.
Emefiele has recently been accused of fraud, misusing public funds, and encouraging bad ways to handle the country’s money.
The Coalition Against Corrupt Leaders in Nigeria (CACLN), a group that supports democracy, says that Emefiele should be taken out of office.
When protesters seized the Presidential Villa to oppose Emefiele’s retention as CBN governor, CACLN made the call.
A sizable crowd attended the “Emefiele Must Go” demonstration.
During the protest, the group’s leader, Dauda Yakubu, told reporters that Emefiele had brought shame on the respected apex bank.
Yakubu was upset that Emefiele had made the country a laughingstock around the world.
He said over and over again that Emefiele was not qualified to be governor of the Central Bank of Nigeria.
“The Governor of CBN, Godwin Emefiele, has not only desecrated the venerated apex bank in Nigeria, but he has also made the nation a laughing stock in the community of nations,” he declared.
His proclivity for voodoo economics is renowned as well. The country’s economy has actually suffered in unthinkable ways as a result of the policy reversals and inconsistent budgetary measures.
It is still unclear why the governor of a nation’s sensitive CBN would become involved in partisan politics by running for president and spending billions of naira from the bank’s cash reserves to do so.
The organization says that Emefiele changed the look of the naira to hide some of the things he did wrong while he was in charge.
