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Why Senate Must Not Confirm Emefiele As CBN Governor, By Activist

Human rights activist, Prince Deji Adeyanju has said Nigerians and the world at large are hoping that the eight National Assembly will not fall short of expectations in declining the confirmation of Central Bank governor, Godwin Emefiele for another five years in office.



Adeyanju made the call in reaction to the purported audio recordings where the CBN governor was allegedly discussing about a missing N500 billion invested in personal business.


The Senate on Tuesday asked its committee on Banking, Insurance and other Financial Institutions to consider the request by President Muhammadu Buhari that the Governor of Central Bank of Nigeria, Godwin Emefiele, be confirmed for second term.


The activist said, “because the eight senate had once proven its strong aversion towards anti-corruption by refusing to confirm the Acting Chairman of the EFCC, Mr. Ibrahim Magu, due to allegations of corruption made against him by a report of the DSS, Nigerians are waiting for the same institution to take a strong stand this time.


“This screening is of particular interest to every Nigerian because it epitomizes the pinnacle of integrity-test for public servants, which must be carried out with utmost sincerity and diligence, especially at this time when our country is failing morally and institutionally.


It must be stated that Mr. Emefiele, according to reports, has been alleged of mismanaging and looting public funds in the Central Bank to the tune of N500 billion. This is surely a huge disaster for the economic future of Nigeria and must not be dismissed thrillingly.


“Due to the weighty nature of the audio recording which presently serves as the proof of the CBN boss’s misconduct, and his inability to controvert the recording, the burden to salvage Nigeria from the hands of seemingly corrupt and morally deficient Public Servants like Mr. Emefiele rests squarely on the Nigerian Senate and its decision during the current second-term screening of the embattled Governor.


“The Nigerian people and indeed the world over are hoping that the Eight Senate will not fall short of expectation in denying Mr. Emefiele a second-term confirmation, especially because the Eight Senate had once proven its strong aversion towards anti-corruption by refusing to confirm the Acting Chairman of the EFCC, Mr. Ibrahim Magu, due to allegations of corruption made against him by a report of the DSS.


“Indubitably, the legacy of the current Senate is presently at enviable heights considering the successes that have been recorded so far, including the passage of the Not Too Young To Run and Police Reform Bills, among others.


“It will, therefore, be terribly retrogressive to allow whatsoever political pressure drive this lofty institution into making an anti-people and morally shameful decision of confirming Emefiele for a second-term, at the risk of subjecting Nigeria’s economic and common wealth to more looting and plunder.


“consequently, it must be clearly stated that the Nigerian people are expecting the Senate to deny Mr. Emefiele a second-term reappointment, but to also ensure that investigation and prosecution are duly employed to ensure justice on the matter, and deterrence in the future. By doing this, the Eight Senate will not only be fulfilling its obligation as a moral compass in a democracy but also as a worthy model for the incoming Senate and others to come in future.


Adeyanju warned that the mobilisation of angry citizens might inevitably follow if the Senate confirms Mr. Emefiele for a second-term.re, I call on President Buhari and the EFCC chairman to prove that they are interested in really fighting corruption and not only members of the opposition.




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