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The Labour Party has questioned President Bola Tinubu over the suspension and continued detention of embattled Central Bank of Nigeria Governor, Godwin Emefiele, saying he should investigate the Independent National Electoral Commission, (INEC) instead.
This comment was made by National Publicity Secretary of the Labour Party, Obiora Ifoh on behalf of the party via a statement on Saturday.
The opposition party stated that it is disturbed and pained by the decision of Tinubu to suspend Emefiele without recourse to the National Assembly.
According to the party, the embattled CBN governor is paying for the sins against Tinubu by disagreeing with him on the implementation of Naira Redesign Policy.
“Most Nigerians will not forget in a hurry the famous Naira redesign policy initiated by Emefiele primarily to check vote buying in the last general election. A noble policy which a particular candidate then unfortunately believed was targeted at him. To him, it was a mortal sin which cannot be forgiven and must be punished. Labour Party believes that Emefiele, a fall guy, is paying for his “sin”.
“The government said the suspension of Emefiele is ‘sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy’. If indeed, there is any government agency that should be investigated with this utmost urgency, should it not be the Independent National Electoral Commission, INEC and its Chairman, Prof. Mahmood Yakubu? This is the institution that is responsible for the mockery of our democracy”, the statement reads.
Emefiele was first suspended by the Tinubu government before being arrested by the Department of State Service DSS on Saturday morning.
Emefiele has since handed over the mode of operation to his deputy, Folashodun Shonubi.