While Naira is crashing, CBN Gov spending billions on Presidential campaign – Govs

While Naira is crashing, CBN Gov spending billions on Presidential campaign – Govs

The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has been accused of spending billions of Naira on his 2023 Presidential campaign, while leaving the country’s currency to crash at global market.

The was the views of Governors elected under the platform of the Peoples Democratic Party (PDP).

They made this known in a statement issued by their Director-General, Hon. C.I.D. Maduabum, in reaction to a recent statement by Presidential spokesman, Garba Shehu.

Presidential spokesman had tackled the main opposition party for saying the current administration failed in fixing the security problems and other challenges facing the nation.

But in their reactionary statement on Tuesday, the PDP Governors accused the President Buhari’s government of being “unconcerned and rudderless” in watching the CBN Governor to allegedly use public funds for his presidential campaigns.

The forum wondered why a person occupying such a sensitive office would be involved in partisan politics by running for the Presidency.

The Governors said, “It is even more surprising that Garba Shehu mentioned the value of the Naira. What can we say, there is no strategy, no concerted effort to stabilise the value of the Naira.

“How can there be a plan when the CBN Governor, Mr. Godwin Emefiele, is openly running for the office of President, spending billions in television and newspaper advertisement and other costly engagements.

“This is being done under the nose of Mr President. There can be no better evidence of government adrift, unconcerned and rudderless. Without care about how the economy runs. The sheer arrogance of being in such a sensitive office and running for President is quite outstanding.”