… Says Federal Govt Yet to Decide On What to Charge Former CBN Boss For
SENATE President, Godswill Akpabio, says former Central Bank of Nigeria – CBN, Governor Godein Emefiele, is to be blamed for the current economic woes facing the country.
Akpabio castigated Emefiele over certain monetary policies and actions that the former CBN boss implemented during his tenure, saying they have left behind a trail of multiple debts and an economic mess for the Tinubu administration to navigate.
“The kind of debts and economic mess that we are in, a lot of people do not understand”, he said.
The Senate President, who spoke during a thanksgiving service in Rivers State on Sunday, highlighted the severity of the economic situation and emphasised the challenges faced by Nigerians, including hunger and the struggle to afford three square meals a day.
He however, said the federal government is still undecided on which allegations to prosecute Emefiele for, adding that options include “illegal possession of firearms” and “printing notes without income”, among others.
“So, the kind of debt and economic mess that we are in, a lot of people will not understand but I remember President Obama saying that you cannot know Washington until you get to Washington,” Akpabio said.
“So the kind of debt and economic mess that we are in, a lot of people will not understand but I remember President Obama saying that you cannot know Washington until you get to Washington.
“So, by the time we went in to look at the economic situation of the country, it was terrible. You know that the former governor of the central bank, we did not even know what to charge him with. Whether to charge him for putting foam on top of the bill or to charge him for illegal possession of firearms or to charge him for printing notes without income, I don’t know what we are going to charge him with”, the Senate President said.
“But what we can do is that yes there is hunger today because of the policies and actions that they took, and we recognise that, and I think every political party should recognise that there is hunger, and we are battling to ensure that Nigerians sleep with their eyes closed,” he added.
