CASH SWAP: ONANUGA calls for sack of Emefiele for his incompetence

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The Director of Media and Publicity for the All Progressives Congress Presidential Campaign Council, Bayo Onanuga, has called for the sack of the Governor of Central Bank of Nigeria, Godwin Emefiele following the pains and agonies Nigerians are experiencing since the beginning on Cashless Policy.

 

 

 

His call captured the mood of some angry Nigerians who felt the CBN Governor does not deserve to remain in office following the tension the scarcity of the new naira notes and the short deadline had generated in the country.

 

 

 

But the opposition Peoples Democratic Party kicked against the call, saying it is a ploy devised by the Tinubu camp to avoid defeat at the February 25 presidential election.

 

 

Onanuga’s call came barely 24 hours before the Supreme Court temporarily halted the move by the Federal Government through the CBN to ban the use of the old naira notes beyond February 10, 2023.

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A seven-member panel led by Justice John Okoro had granted an interim injunction against the CBN and Federal Government, allowing the old N200, N500 and N1000 to remain legal tenders beyond the February 10 deadline until the case is fully disposed.

 

 

In an interview with one of our correspondents, a livid Onanuga lamented that in a saner clime, Emefiele would have been kicked out of office for making Nigerians pass through harrowing experiences and untold hardship in the past two weeks.

 

 

According to the APC PCC Media Director, people can now see that it was not an APC-motivated policy as being speculated in some quarters.

 

 

He said, “This is not the first time in the world that a currency is being changed. Why is it different in our country? What this has so far revealed is that we have an incompetent CBN Governor.

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In fact, in a normal country, the man ought to have been sacked for making our people pass through hard times. People are being made to pay excessive charges to POS operators.

 

 

That’s why I said it is all about the Nigerian people.

 

 

How can somebody sit somewhere and conceive a programme that, rather than bring people relief, is bringing them pain? It is a satanic policy.

“The problem is not about the APC candidate. It is all about the Nigerian people. We are more concerned about the pain and anguish our people are being made to suffer.

The currency swap is a CBN policy and we are happy that the President has also intervened. Apparently, he was not given the full details about the change and its implications.

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“Emefiele claimed his policy will bring down inflation and strengthen the Naira. Has it done that? The dollar was about N720 some weeks ago, it is now N750.

This CBN Governor, in my view, should have been sacked. This is the first time in history we are having this gap between official and parallel rate. What the CBN governor is doing, we don’t know whose agenda he is implementing, is totally against the Nigerian people.

“As we are talking, Britain is also changing currency. They are phasing out the queen from the currency and replacing it with that of the king. It is not causing the people any difficulty. It is being done seamlessly.”

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