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CBN Probe: History beckons on President Tinubu

Justice First Initiative, a human rights and Civil Society Organization applauds the President, Bola Ahmed Tinubu, for taking a bold step in suspending Godwin Emefiele from office as the Central Bank Governor. He should renew hope in Nigerians by doing a thorough investigation of the activities of the suspended Governor who during his tenure dragged the exalted office into politics and used as a tool of political persecution.


It is a known fact that Emefiele during his tenure left so many things hanging and unfinished first among which is the redesigning of the nation’s currency. Till date it is not certain how much resources was deployed in the redesigning of the currency, how much quantity and value was redesigned, minted and pushed into the economy. It is surprising that up till now, the poorly redesigned currency notes are nowhere to be seen in circulation and one wonders if at all they were minted. President Tinubu should assist Nigerians in finding out from Emefiele and his cohorts, details about the redesigning saga and all there were to it.


Again, how much of the resources of the apex bank was deployed in his botched presidential bid.


It is expected that the probe would be objective and devoid of political intrigues as Nigerians expect that only those who are versed in the economy are appointed into the panel and who have the political will to do the right thing no matter whose ox is gored. History beckons on Tinubu to etch his name in the annals of history as a man ready to right the wrongs of the past.


It is our hope that the probe of the Central Bank and the activities of Godwin Emefiele will go full cycle and not the way of several probes which were abandoned or whose results never saw the light of the day.


Uche Maduemesi Esq, Executive Director



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