BANKING

New Naira Note Saga: Protesters Take Over CBN Headquarters, Seeks Emefiele’s Resignation

 

Some Nigerians are currently protesting at the headquarters of Central Bank of Nigeria (CBN) to demand the resignation and arrest of the CBN Governor, Godwin Emefiele over the failed new naira notes policy.
The protesters wielding placards were sighted at the premises of the apex bank, who noted that Emefiele had inflicted undue hardship on Nigerians which had led to the death of many people.
The group under the auspices of George Uboh Whistle-blower Network vowed to occupy the apex bank until their demands were met.
Some of the inscriptions on their placards read ; “Emefiele Must Go”; “CBN Now Bureau De Change”; “Emefiele Bring Out The Names of Those You Gave Our Money To”; “Where Is The 500 Billion You Cried on Tape Is Missing?”; “What Happened To Anchor Borrowers Programme and many others?”
Addressing journalists, the Convener of the protest, George Uboh said Emefiele had committed genocide for subjecting Nigerians to pains and hardship for mopping up old naira notes and forcing people to queue endlessly at various banks in order to get cash.
He said “We are demanding that Godwin Emefiele in his capacity as the Governor of CBN should make available the new naira notes. He must also come out here to address the people because the Supreme Court in its ruling pronounced that the new naira notes policy has caused the Nigerian masses undue hardship.”
He said the action of the CBN on the monetary policy was tantamount to genocide adding that it was not only guns that could be used to commit genocide.
He said their protest was hinged on the Supreme Court judgment which directed the CBN to release the new naira notes just as he described the policy as “insensitive” under the watch of Emefiele.
Uboh said they had perfected plan to call for his arrest and prosecution by the International Criminal Court (ICC) for committing crimes against humanity.
He said having two legal tender at the same in a country is a treasonable just as he lamented how the policy had crippled small businesses in the country.
As at the time of this report, the security agents including Police, Nigeria Army and Operatives of Department of State Services (DSS) have surrounded the building to prevent any possible breakdown of law and order.
A senior police officer has also invited Uboh for a talk on the need to be peaceful and not to disrupt the traffic.

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