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Humbly Resign Or Risk Being Removed – Emefiele Gets 72-Hour Ultimatum

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Breaking: Emefiele Fulfils Bail Condition, Leaves Kuje Prison

The Central Bank of of Nigeria (CBN) Governor, Godwin Emefiele, has been issued a 72-hour ultimatum to humbly resign or be removed by President Muhammadu Buhari through the National Assembly.

Naija News reports that over 30 civil society organizations issued the ultimatum on Friday following allegations of “terrorism financing and economic crimes” leveled against the CBN governor by Nigeria’s State Security Service.

Recall, the state service had sought permission to arrest and detain Emefiele to aid further investigation but was denied by a Federal High Court in Abuja on account of lack of sufficient evidence.

However, the National Youth Council of Nigeria (NYCN), the Citizens Network Against Corruption and Terrorism Financing and over 27 civil society advocacy groups have called on Emefiele to humbly resign or risk being disgraced out of office.

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The groups said should the CBN governor fail to step down, they would be forced to demand his sacking by President Muhammadu Buhari and the National Assembly.

The statement reads partly “…if there is still a modicum of honour left in Mr. Emefiele, he should immediately resign and submit himself for security examination. We, therefore, offer the assistance of urging the CBN Governor – Mr. Godwin Emefiele – to immediately tender his resignation.

“And if he fails to do so within 72 hours, both President Muhammadu Buhari and the National Assembly should invoke the relevant laws to remove him,” the group said in a release jointly signed by their respective representatives.

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Chukwuani Victoria is an entertainment and lifestyle journalist who's passionate about storytelling with years of experience in the industry. She holds a BSC in Biology and also obtained a postgraduate diploma in broadcast journalism at the Nigerian Institute of Journalism, Ogba, Lagos. She likes to read, research, hang out with her friends and play scrabbles.