Emefiele's involvement in politics illegal, will compromise CBN autonomy - SAN

In the statement, which was titled, ‘Legal Hurdles to Cross by Mr. Godwin Emefiele,’ Falana said the performance of the statutory functions of the CBN which shall be in the national interest could not be left in the hands of a politically exposed person.

“For the avoidance of doubt, the powers conferred on the Governor and the Board of the CBN under the CBN Act are enormous. They include the power to ensure monetary and price stability; issue legal tender currency in Nigeria; maintain external reserves to safeguard the international value of the legal tender currency; promote a sound financial system in Nigeria; and act as Banker and provide economic and financial advice to the Federal Government.

Falana further stated that Emefiele’s involvement in partisan politics led him to violate the fundamental right of protesters in the October 2020 #EndSARS protests.

Emefiele is a man who shamelessly lacks credibility.

There should be a law against this

Emefiele must resign immediately.

I said it sometimes ago they didn't believe me

But how come he’s still in charge of CBN? Who’s supposed to fire or arrest him? Do we have law enforcement agencies in this country? Why’s everything just upside down in this country ?

We need a govern person

Will or it has been already.

That's true.

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