The senate committee on banking,
insurance and other financial institutions has approved of a second term for
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).
While screening Emefiele on
Wednesday, members of the committee dismissed the allegations of stolen N500
billion at the apex bank.
Rafiu Ibrahim, its chairman, said
the allegations were targeted at “bringing you (Emefiele) down because you are
a good person”.
Last week, President Muhammadu
Buhari nominated Emefiele for a second term.
During the screening, the
committee expressed satisfaction over Emefiele’s first tenure at the CBN.
According to Ibrahim, “I do not
have any question for the Governor. I am overwhelmed. I wish you well and pray
for you. May God continue to guide you.
“Now, we know the reason why
there are some videos on social media because in Nigeria, once you are a good
person, some people will always try to bring you down. We will expeditiously
take a report to the chamber for consideration. You can take a bow.”
Kurfi Umaru representing Katsina
central also commended the CBN governor for “a job well done.”
“Let me start by congratulating
the governor for his second term and also congratulate you for your article
presentation. I commend you for a job well done,” he said.
Philip Aduda from FCT said: “Mine
is to wish you well and to pray to God almighty to grant you wisdom so that you
can put the economy of this county on a pedestal of hope and prosperity.
Congratulations.”
EMEFIELE: VERY TOUGH ROAD AHEAD
In his remarks, the Emefiele said
the apex bank will continue to do its best, admitting, however, that “the road
ahead is still very tough.”
He said Nigeria has workable
policies but “implementation has been neglected because we see sabotaged
activities.”
“CBN will ensure that those who
seek to undermine the policies of Nigeria will be brought to book. Pray for us
because the road ahead is tough,” he said.
“On Agriculture, the credit
should go to the President. It was what he said ‘eat what we produce’, that
birth the anchor borrowers programme.
“We have started looking at Palm
oil. The price of a barrel of palm oil is more than a barrel of crude oil. We
will grow that market again. After palm oil, we will focus on cocoa in the
south-west.”
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