Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,945 members, 7,848,827 topics. Date: Monday, 03 June 2024 at 10:46 AM

Why Is Emefiele Still The CBN Governor? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Why Is Emefiele Still The CBN Governor? (402 Views)

Why The CBN Has To Stop Street Dollar Trades / Godwin Emefiele: 13 Things You Probably Didn’t Know About CBN Governor / Aishah Ahmad: Profile Of The CBN Deputy Governor (2) (3) (4)

(1) (Reply)

Why Is Emefiele Still The CBN Governor? by TechtraGadgets: 10:34am On Nov 02, 2022
Naira has crashed to N800 to $1.
https://gazettengr.com/naira-crashes-to-800-per-dollar/

Why hasn't the finance minister been made to answer questions? Why is Emefiele still the CBN governor, despite failing miserably at his job. There are no indices that would justify Emefiele remaining as CBN governor.

Criticize PDP all you want, but they (esp. Okonjo Iweala) kept the Naira stable through the oil crisis in 2014.
Oil has been trading at historically high prices. Instead of the Naira gaining on other currencies, it is devaluing at the fastest rate in Nigeria's history as a country.

I'm hesitant to lay all the blame on the government because the West's stupidity with the Ukraine-Russia war is causing massive inflation around the world, but Emefiele is destroying the Naira with his artificially induced dollar scarcity.

It's not far-fetched to think that Emefiele, who is well educated may have vested interests in devaluing the Naira.

Any decent government should have fired Emefiele a long time ago.

1 Like

Re: Why Is Emefiele Still The CBN Governor? by asuraking: 10:38am On Nov 02, 2022
Emefiele can't be sack because he is a puppet to the corrupt government officials to do their bidding.
Re: Why Is Emefiele Still The CBN Governor? by Aareakinwunmi(m): 10:40am On Nov 02, 2022
He's a tool to the present president. There mission is to make Nigerians miserable, nah you no go allow them

(1) (Reply)

Yardsales / Tax Implications Of New CBN Cash Withdrawal Limits On Individuals, Msmes – Taiwo / Please I Am Looking For A Job In A Bottle Water Or Pure Water Factory

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.