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Home News Emefiele remains focused on delivering CBN mandate – Group

Emefiele remains focused on delivering CBN mandate – Group

by Editor lll
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A support group, Emefiele Mobilization Team (EMT) says the Governor of the Central Bank of Nigeria (CBN), Dr Godwin Emefiele remain focused on delivering on his mandate as governor of the apex bank.

The group stated this in statement by its spokesperson, Bashir Mohammed, in Abuja while reacting to claims by certain Civil Society Organisations (CSOs) that the CBN governor was involved in politics.

He said that contrary to the claims of the CSOs, Emefiele has not been involved in any political activity of any kind, talk less of compromising the apex bank through purported “political activities”.

Mohammed said that Emefiele had not stated or indicated in any way that he was interested in vying for the position of the president.

He said that rather Emefiele remained solely focused on ensuring monetary and price stability, maintaining external reserves, providing economic and financial advice to the Federal Government and promoting a sound financial system in Nigeria.

“Recently, Emefiele launched the 100 for 100 Policy for Production and Productivity (PPP), a CBN intervention designed to stimulate investments in Nigeria’s priority sectors with the core objective of boosting production and productivity.

“He also unveiled the Mega Rice and Maize Pyramids in the FCT and Kaduna recently, both being results of the massively successful Emefiele-led Anchor Borrowers’ Programme (ABP).

“The programme has financed over four million farmers, improved their productivity, increased rice output, reduced Agriculture imports and saved the country scarce forex.”

Mohammed said that Emefiele’s numerous past feats needed not be mentioned as they were well-documented and known even to his distractors.

He said that in spite of the attempts by some people to create confusion and distract Emefiele and the CBN, Nigeria’s GDP was on the rise following its 3.4 per cent growth in 2021, the fastest growth rate in seven years.

“This is contrary to the claim by the CSOs that Mr Emefiele’s “subterranean interest” in the presidency has become a massive distraction to the CBN and the financial sector of the country,” he said.

Mohammed also described the CSOs’ allegation that the CBN’s money was being “wasted to fund different groups as “reckless and dangerous“.

Asking what evidence the CSOs have to back up their claims, Mohammed said that it was dangerous to make statement in such sensitive socio-political times.

Mohammed added that the CSOs claim that “Nigerians have lost confidence” in Emefiele’s leadership was in complete contrast to the opinion of the majority of Nigerians, especially those in rural areas outside of the FCT where the CSOs restricted themselves to.

“Nigerians nationwide who have directly been impacted, directly and indirectly by Emefiele’s good works continue to express their gratitude, confidence and belief that he continues to deliver on his mandate.

“Being the honourable, exemplary and law-abiding citizen that Emefiele is, if indeed he were interested in contesting for the post of president, he would do so in accordance with constitutional provisions,” he said.

Mohammed said that Emefiele would without a doubt be the capable, competent, seasoned, intelligent leader Nigeria requires in such challenging times.

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