The Arewa Young Lawyers Forum AYLF has called on President Muhammadu Buhari to within 14 days disengage the governor of the Central Bank of Nigeria CBN Godwin Emefiele over his “lackadaisical style of management”.
In a statement made available to journalists by its President, Barrister Abubakar Sadiq Ilelah, the Forum said things have continued to fall apart in the country since the appointment of Emefiele as the head of the apex bank.
Ilelah said “Mr Emefiele is rated low in the performance index compared to his predecessors. He has drastically failed in promoting monetary policies to stem the continuous free fall of the Naira, halt the rising debt profile of Nigeria and poor management of the country’s foreign exchange.”
He said it is against this background, “we are hereby giving President Buhari 14 days ultimatum to take action that will save the Nigerian economy by disengaging and removing Mr Emefiele as the governor of CBN.” He said failure by the government to comply will lead to further actions by the Forum.
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