Foreign Reserve Growth: Group Commends CBN Governor…. Ask Distractors To Sheath Their Sword

September 16 18:39 2021


Joel Ajayi


The coalition of Northern Advocacy Group NAG has commended the leadership of Central Bank of Nigeria CBN Mr. Godwin Emefiele and his management team in CBN and all their effort to stabilize the Naira and grow our foreign reserve for the nation
In a joint press statement signed on Thursday in Abuja by Alhaji Mohamed Bashir-Ali for the Northern Professional Forum, Hajia Fatima- Abubakar of Arewa Business Women League, Mallam Sadiq Ibrahim fore Arewa Frontier and Comrade Yusuf Yahaya Arewa Patriotic and Anti-Corruption Network, groups unanimously applauded the CBN governor Emefele for giant strides.


According to the statement:“Today after an appraisal of the uncharitable utterances made by a supposedly Youth Assembly from the north, we came to a conclusion that it is imperative to address most of the issues wrongfully and mischievously presented.


“Our position is unanimous and we are all in support of Mr. Godwin Emefiele and his management team in CBN and all their effort to stabilize the Naira and grow our foreign reserve for the nation. This holistic resolve brought us together under the aegis of Northern Advocacy Group (NAG).
“We welcome you all to this important press briefing which is a patriotic motive to disabuse the public on misrepresented issues and claims of infractions on the Governor of Central Bank leading to a call for his resignation by same hired and sponsored discontented elements whose aim is to distract and unsettle the Government of President Muhammadu Buhari.


“It is unfortunate to observe that the misrepresentation and falsehoods emanated from some legislators who believe that pulling Emefiele down will culminate into their political God Father having access to Nigerian’s money for his presidential ambition. It is regrettable that these persons feel that it is wisdom to tarnish and bring to ridicule, the outstanding effort of CBN just to gain the support of the President and seize power.


“We hereby call on those who find it profitable to peddle wrong information to stop. This act is unpopular, uncharitable and should not be associated with Northern interest. We hereby state emphatically that any act designed to frustrate efforts of Mr. Godwin Emefiele to restore the economy from its downward slope orchestrated by fall and unstable price of crude oil and the advent of Covid-19 pandemic will be opposed.”
The statement added that: “Let it been known that we are not part of any Northern organization trying to bring disrepute to the Government. We consider it wrong to call for the resignation of the CBN Governor by the Arewa Youth Assembly over an unproven claim that the policies of the CBN have leaped the county into poverty. It is worthy of note that any call for resignation of Emefiele will erode the achievements recorded by President Buhari in his effort to revamp the economy.
The economy was already in shambles and it got worsened by low prices of crude at the international market, empty treasury, corruption, dilapidated infrastructure and insecurity in the country.
“We are grateful to the CBN Governor and his effort in expanding foreign exchange earning opportunities so as to increase our foreign reserve and raise the value of the Naira. It is our belief that this effort will improve the economy.
“The politicians should please allow the Government to work; we are convinced that President Mohammadu Buhari will deliver at the end.
“We are disappointed that some persons will make themselves available to unsettle the Government. No reasonable person will embark on such venture, because it is unpatriotic. We should not be seen creating crisis for a Government that we all made effort to install. This is the time to support the Government for a peaceful and prosperous Nigeria.
“In conclusion, we request that everybody support this Government, there is no doubt that the Governor of CBN and his team will deliver.”

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