Group demands Emefiele removal over fuel subsidy

A Coalition of Non-Governmental Organisations (NGOs) across the country, has urged President Muhammadu Buhari to remove the governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele.

The CSOs made this known in a statement signed by their leaders including Comrade Olufemi Lawson, Executive Director, Centre for Public Accountability CPA; Princess Modupe Adedayo, Sustainable Development Advocates; Comrade Usman Umar Tahir, Nigeria Acceptability Project, Comrade Luke Ogherugba; Niger Delta Forum for Good Governance; Hajia Binta Yusuf, Women for Good Governance; Prince Charles Etim, Media Right Concern MRC; Adigun Olabowale, Oodua Renaissance Group; Danjuma Jabbi
Northern Patriotic Group NPG and Dr. Mrs Milicent Eloka, Gender Development Initiative.

According to them, doing so will save the nation from further economic meltdown.

They added that the sacking of Emefiele must be done before the removal of the planned fuel subsidy.

The statement read, “Mr President sir, before Subsidy is removed, we must salvage Nigeria’s Finances; a call for the immediate probe, sack and prosecution of the Governor of the Central Bank of Nigeria,.Mr Godwin Emefiele is thus pertinent and must be done now for us to support the subsidy removal regime.

“We are constrained as patriotic Nigerians, to make this an open letter to your Excellency for a number of reasons. One, the current situation in our country, demands a collective action from every patriotic Nigerians, in a manner devoid of partisan, ethnic or religious consideration, but ultimately, on reason and promotion of national interest.

“Secondly, is the fact, that the next few weeks, will signal a new year and another of your administration’s timeline, towards the fulfilment of your campaign promises to Nigerians, particularly those, that are already contained, in the year 2022 Appropriation Bill, for the country, which its ultimate success, largely depend on the economic fortune of the country, as may be dictated by the economic policies of your administration.

“Mr President, we strongly believe, that the time we are now, demands, that everything must be done to guard, protect and defend our democracy, and transform our economy, from its struggling position, reduce inflation and make market price Favour for all to such, that genuinely guarantee a future for the younger generation of Nigeria, whom you have continuously demonstrated, your readiness, to empower and develop.

“Sir, we are conscious of your avowed commitment to leaving a lasting legacy for Nigeria, not minding the situations, that have raised series of challenges, to your administration’s efforts, towards achieving the set goals.

“It is also no longer news, that Nigeria is at the very point of taking a fundamental step, towards ending the subsidy regime, on petroleum products in Nigeria. For over a decade, successive administrations, have struggled to conquer, the mirage, that have surrounded the fuel subsidy regime in the country. This has led, to a major trust issue, between Nigerians and the government, considering the monumental corruption, that has characterised the fuel subsidy regime, particularly under the previous administration.

“Sir, we strongly believe, that the time is now, for the Nigerian government, to take a decisive step, not only by ending the fuel subsidy regime in the country, but by also ensuring your personal commitment, to the revival of our local refineries, a step, which we strongly believe, will fundamentally address the shortage of supply, of petroleum products in the country.

“Mr President, you have a historical role to play, in repositioning Nigeria, not only by ending the corruption ridden subsidy regime, but also rescuing Nigeria, from the economic woes, created by the subsidy culture and lack of local production capacity, despite being an oil producing country.

“It is no longer news, that with the proposed removal of fuel subsidy, your administration is seeking a Palliative measure, which seek, to provide monthly transport support of five thousand naira each, to forty million vulnerable Nigerians, who may be affected by the fuel subsidy removal. This becomes a fundamental point, where our skepticism, just like that of several Nigerians, abound.”



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