The Economic Financial Crimes Commission (EFCC) says that former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly awarded multi-billion naira worth of contracts to his family members and associates. EFCC spokesman, Dele Oyewale, in a statement, said a seventh Prosecution Witness, PW7, in the trial of Emefiele revealed this on Monday, March […]
He said, “I laugh at that question but it’s not a laughing matter and I think it is very important for Nigerians to understand that the Central Bank Governor I and my team are not responsible for the woes that we have today; we are part of the solution.
As much as Mr. Cardoso may desire to provide FX for the Nigerian public, CBN cannot print dollars. If Nigeria does not export goods and services, the nation cannot earn dollars. Only deliberate policy actions can save the Naira. Both Monetary and Fiscal authorities must think outside the box and mobilise good spirited Nigerians to join in the battle to save the Naira.
The Chairman of the event, Prof Antonia Simbine, Director General, Nigerian Institute of Social and Economic Research, said all that Nigerians are interested in is the solution to the various challenges.