• APC chief Femi Fani-Kayode has strongly condemned the personality of CBN Governor Godwin Emefiele.
  • The former aviation minister who described the CBN governor as an enemy of the state pointed out that Emefiele does not have a single plan to release enough naira notes any time soon.
  • He pointed out that the new CBN policy goes against the will of the people and if Emefiele is not arrested or caged, it could result in more hardship on the ground, and the masses will bear the cost.

Femi Fani-Kayode, Director of New Media for the APC Presidential Campaign Council, has been a strong critic of Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN).

In a post seen by legit.ng and shared on her Facebook page on Tuesday, January 31, Fani-Kayode described Emefiele as an enemy of democracy.

Fani-Kayode criticizes Emefiele over a shortage of new naira notes, ahead of the 2023 general election. Photo credit: Femi Fani-Kayode
Source: Facebook

Why should Emefiele be caged? FFK, as it is affectionately called, gives a solid reason

The former aviation minister alleged that Emefiele has no plans to launch enough new naira notes any time soon.

He further claimed that the CBN Governor’s actions are to deprive Nigerians of cash and drive them into anger out of frustration.

Fani-Kayode wrote on Facebook:

“The old ticket cancellation policy should be fully canceled until AFTER the election and then done legally.

“He wants to cause a crisis, provoke a popular uprising, derail our democracy and pave the way for an ING.

“He has NO plans to launch enough new naira notes any time soon.

“He wants to starve people out of cash and drive them into a rage of frustration.

“It is not about politics, but about fueling protest and revolution. This is subversion and destabilization.

“He must be stopped and caged!


CBN naira politics: Emefiele bows to pressure, appears before House of Representatives

Amid calls for his arrest, Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), is said to be at the National Assembly compound to answer questions about the new naira note policy.

Emefiele will be questioned by members of the House ad-hoc committee responsible for investigating the new cash withdrawal limit and cash exchange policy.

that Emefiele, who was sighted in the National Assembly complex, was accompanied by some executives from the apex bank.

Buhari gives reasons for CBN naira redesign policy as Nigerians despair

President Muhammadu Buhari again defended the Central Bank of Nigeria’s decision to redesign a higher denomination of Naira.

According to Buhari, the policy was targeted at people in possession of illicit funds and not ordinary Nigerians.

The president revealed this in a statement issued by his Senior Special Assistant for Media and Publicity, Garba Shehu, on Saturday, January 28, 2023.

Source: Legit.ng