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Protesters Demand Emefiele’s Resignation

godwin emefiele

By Ebitonye Akpodigha

On Tuesday, October 11, 2016, some youths numbering about 100 stormed the headquarters of the Central Bank of Nigeria (CBN) in Abuja, demanding for the resignation of the Governor, Mr Godwin Emefiele.

The demonstrators accused Mr Emefiele of failing to take Nigeria’s economy out of recession as well as stop the consistence weakening of the Naira against the Dollar and other top foreign currencies.

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On Tuesday, the Naira was exchanged at 310 against the Dollar at the interbank market, while it traded for 470 to a Dollar at the parallel market.

The youths carried placards conveying various messages including “Emefiele must go” and “Where is your conscience, Emefiele?”

They stood in front of the apex bank’s main gate, calling for Mr Emefiele to leave the position for another person.

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However, some policemen and soldiers were later drafted to the CBN headquarters to disperse the angry protesters.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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