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CBN Governor: Prominent Nigerians Who Asked for Godwin Emefiele to Be Sacked and Why

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CBN Governor: Prominent Nigerians Who Asked for Godwin Emefiele to Be Sacked and Why

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been suspended by President Bola Ahmed Tinubu, several months after some prominent Nigerians called for his outright sack.

President Tinubu had on Friday, June 9, suspended Emefiele indefinitely.

Before the suspension, some prominent Nigerians had called for Emefiele’s sack. Here are some of them:

Femi Falana:  Human rights activist, Femi Falana, urged the immediate former president Muhammadu Buhari, to sack Godwin Emefiele as the Central of Nigeria (CBN) Governor.

Falana said Emefiele could not be trusted with sensitive electoral materials because he is a member of the All Progressive Congress (APC) and indicated interest in contesting the 2023 presidential election, Businessday reported.

The Senior Advocate of Nigeria stated this addressing a Southwest youth and women conference at Ado-Ekiti in May, 2022.

“INEC is trying; it has deployed technology to get rid of rigging, but we can no longer keep sensitive election materials in the vault of the CBN. “This is because the governor of the CBN is a card-carrying member of the All Progressives Congress. “It has never happened anywhere in the world; this is very dangerous. The CBN governor’s power is enormous under the CBN Act, so he can’t be a politician. “We can’t look for an alternative place to keep our electoral materials; it is the CBN governor that must be removed and whether President Buhari likes it or not, Emefiele must go.”

Concerned Northern Forum (CNF): Concerned Northern Forum (CNF) once issued a 7-day ultimatum to immediate former president Muhammadu Buhari to sack Emefiele and his team.
As reported by The Guardian, the group made the call over the controversial redesigning of naira notes during a press conference held at the Arewa House in November 2022.

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The spokesperson of the Forum, Comrade Abdulsalam Mohammed Kazeem, said:

“We must state categorically clear that the large population of Nigerians have lost confidence in the current leadership of the CBN to initiate and introduce policies that would improve the economy of our dear nation, and so therefore we mentain our earlier position which includes the following “The immediate suspension of the whole process of the new naira design, the Immediate sack of Mr Godwin Emefiele and his entire team for failing Nigerians haven been the longest serving governor in recent time, prosecution of those behind this devilish and wicked agenda.”

ADC presidential candidate, Yabagi Sani: The Presidential Candidate of the Action Democratic Party (ADP) Yabagi Sani, also called for Emefiele’s sack.
According to AIT, Sani said Emefiele has failed to put Nigeria’s economy in its proper footing due to incompetency. Speaking at a media briefing in Abuja in December 2022, Sani said the CBN governor has failed to meet the aspiration of Nigerians.

Lawmakers call for sack of Emefiele: As far back as October 2016, some lawmakers in the House of Representatives said Emefiele should be sacked. As reported by Channels Television, the lawmakers said the sack became imperative following Emefiele’s management of the country’s foreign exchange.

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The continuous weakening of the Naira against the dollar and other foreign currencies has affect the cost of goods and services production and has consequently made life more difficult for most Nigerians,” one of the lawmakers said.

President Tinubu’s aide: Onanuga Another person, who has called for Emefiele’s sack is Bayo Onanuga, the director of media and publicity to President Bola Ahmed Tinubu.
Onanuga said Emefiele should be sacked as CBN governor over the persistent naira scarcity that has bedevilled the country. According to New Telegraph, Onanuga argued that Emefiele should not be occupying a sensitive position as the CBN governor after the Supreme Court suspended the cashless policy.

President Tinubu suspends CBN governor, Godwin Emefiele

Meanwhile, Fedolygist had earlier reported that President Bola Tinubu suspended Godwin Emefiele as the CBN governor. The Office of the Secretary to the Government of the Federation announced his suspension. President Tinubu reveals who Emefiele should hand over to after suspension as CBN governor President Bola Ahmed Tinubu has asked Godwin Emefiele to hand over to Folashodun Adebisi Shonubi following the former’s suspension as the governor of the Central Bank of Nigeria. Shonubi is the current Deputy Governor (Operations Directorate)

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Education

1ST NIGERIAN TERTIARY INSTITUTIONS CONFERENCE ON UN SUSTAINABLE DEVELOPMENT GOALS (SDGS) ESSAY COMPETITION

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The 1st Nigerian Tertiary Institutions Conference on UN SDGs presents the SDG Youth Essay Competition, offering undergraduates in Nigerian tertiary institutions a chance to contribute to the discussion on achieving SDG4, Quality Education.

Competition Overview:

1st Nigerian Tertiary Institutions Conference on UN Sustainable Development Goals (SDGs) Essay Competition

The SDG Youth Essay Competition offers a grand prize of N1 million for the top three winners, along with free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.

Competition Requirements:

1. Eligibility:

   – Open exclusively to undergraduates in Nigerian tertiary institutions.

2. Entry Guidelines:

   – Topic:The Role of Students in Attainment of SDG4

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   – length: Essays should be 1500 words.

   – Entry Period: Thursday, February 1, 2024 – Thursday, February 29, 2024

   – Referencing: APA Style (6th Edition).

   – Font: Times New Roman, 12-point font size.

   – Documentation: Typed in 1.5 line spacing, MS Word format only.

   – Plagiarism: Only original content is accepted; plagiarized entries will be disqualified.

Benefits:

– Prizes:

  – 1st Prize: N500,000

  – 2nd Prize: N300,000

  – 3rd Prize: N200,000

– Winners will also receive free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.

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Required Documents:

– Student’s Institution ID Card

– Copy of Student’s Admission Letter

– One recent passport-size photograph

– WhatsApp telephone number and email address

Application Procedure:

– All entries and submissions (essay and required documents) should be scanned and sent to nigeriaessay@sdgyouth.org before the deadline.

For Further Inquiries:

– Call: 08068931151, 08133846739, 07067772964

– Email: nigeriaessay@sdgyouth.org

Deadline: February 29th, 2024

Don’t miss this opportunity to contribute to achieving SDG4 and win exciting prizes. Submit your entry and required documents before the deadline. For any inquiries, feel free to contact them via phone or email.

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Education

PENTAGON PARTNERS NATIONAL ESSAY COMPETITION FOR UNDERGRADUATE LAW STUDENTS

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Are you an undergraduate law student in Nigeria eager to explore the intersection of law and Artificial Intelligence (AI)? Pentagon Partners presents a unique opportunity for 400-level and 500-level undergraduate law students to participate in the National Essay Competition.

Competition Overview:

Pentagon Partners National Essay Competition for Undergraduate Law Students

The National Essay Competition invites undergraduate law students to showcase their expertise and contribute to the discourse on AI, privacy, and data protection. In addition to cash prizes, participants have the chance to intern with Pentagon Partners, gaining valuable hands-on experience.

Competition Requirements:

1. Eligibility:

   – The competition is open to 400-level and 500-level undergraduate law students in Nigerian universities.

2. Essay Requirements:

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   – Length: Essays should not exceed 1500 words.

   – Format: Double spaced, 12pt Times New Roman font.

   – References: OSCOLA format for citations with 10pt font size for footnotes and endnotes.

   – Submission Format: Essays must be submitted in PDF format.

   – Entrant Details: Include full names, school, level, phone number, and email address in both the body of the email and on the last page of the essay.

   – Single Entry: Each entrant is allowed only one submission.

   – Originality: Plagiarism will result in automatic disqualification.

Competition Benefits and Timeline:

1. Prizes:

   – Winner: N200,000

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   – 1st Runner Up: N150,000

   – 2nd Runner Up: N100,000

2. Internship Opportunity:

   – In addition to cash prizes, winners have the exclusive opportunity to intern with Pentagon Partners, enhancing their career prospects.

Application Procedure:

– Interested participants should submit their essays to essay@pentagonpartnerslp.com during the submission period.

– The subject of the email should be the Essay topic

For additional information and updates, visit www.pentagonpartnerslp.com.

Deadline: March 22nd, 2024

Don’t miss this chance to showcase your legal expertise, contribute to important discussions on AI and law, and vie for enticing cash prizes. Pentagon Partners looks forward to receiving your submissions.

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Education

SYSTEMSPECS CHILDREN’S DAY ESSAY COMPETITION (CDEC), 2024

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The SystemSpecs Children’s Day Essay Competition (CDEC) is an annual event aimed at fostering innovative thinking among primary and secondary school students in Nigeria. It provides a platform for young minds to propose technological solutions to national challenges.

Purpose:
Inaugurated in 2020, the CDEC is part of SystemSpecs’ Corporate Social Responsibility (CSR) commitment to promoting capacity development in the Nigerian ICT industry. By encouraging young Nigerians to tackle everyday issues, the competition contributes to intellectual growth and societal progress.

SystemSpecs Children’s Day Essay Competition (CDEC), 2024

Topic:
The theme for the 2024 competition is “Protecting the Nigerian Child from the Dangers of Online Technology.” Participants are tasked with exploring strategies to safeguard children in an increasingly digital world.

Eligibility:
– Open to primary and secondary school students in Nigeria aged 9 to 16.

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– Junior category (ages 9 to 12) essays must not exceed 1,000 words.

– Senior category (ages 13 to 16) essays must not exceed 1,500 words.

Prizes:

– Winners will receive generous rewards, including a high-capacity laptop, premium headphones, a portable laptop stand, a smart wristwatch, and one year of internet data, among other items.

– Consolation prizes will be awarded to other participants.

Application Process:

– Interested candidates should access the application page 

– Essays must be written in English and reflect original thought.

– Each participant is limited to one entry.

– Entries must be endorsed by an accredited school official, parent, or legal guardian.

– Deadline for submissions is April 12, 2024.

Submission Guidelines:

– All submissions must be in PDF format and include the student’s name, home and school addresses, email address, and contact phone number.

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– Double entries will result in automatic disqualification.

– Submissions must be received by March 15, 2024, at 5:00 p.m.

Notification of Winners:

– Successful students and schools will be contacted in the second quarter of the year.

– Updates on winners will be announced on @nercng social media platforms.

The SystemSpecs Children’s Day Essay Competition offers a unique opportunity for Nigerian students to demonstrate their creativity and problem-solving skills. By addressing the theme of online child protection, participants contribute to building a safer and more secure digital environment for all. We encourage eligible students to seize this opportunity and showcase their talent and ingenuity.

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