A media aide to the immediate past Vice President, Professor Yemi Osinbajo, Laolu Akande, has clarified issues on the suspension and arrest of the embattled Governor of the Central Bank of Nigeria, Godwin Emefiele.
Clarifying the issues through a Twitter post on Saturday, Akande explained that the embattled CBN Governor was not arrested because of the naira redesign policy, as was being speculated, but because of the apparent corruption, most especially in the dual exchange rate policy of the bank.
However, he stated that Emefiele’s arrest was a relief for Nigerians, noting that he was given a long rope, but failed to redeem himself.
“It was about time the CBN Governor faced suspension & investigation. All people of goodwill & those who value integrity, irrespective of political leanings would be thankful for this development.
“Emefiele was given a long rope, but he failed to redeem himself. His shenanigans & the colossal damages he perpetrated at the CBN were to the utter detriment of the Nigerian people.
“This is not even about cashless policy, but apparent corruption especially in the dual exchange rate policy which never made sense. What a sigh of relief,” he wrote.