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Group to Emefiele: Contest 2023 presidency

in Politics
Reading Time: 2 mins read
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Sodiq Adewale ChocomilobySodiq Adewale Chocomilo
February 12, 2022
Godwin Emefiele

CBN Governor Godwin Emefiele

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A coalition group identified as The Green Alliance has called on governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to contest for the 2023 presidency.

The convener of the group, Wale Fapounda while speaking during a press conference in Lagos on Saturday said the country needs a technocrat that can handle the affairs of the country.

The group added that the CBN governor understands global economic growth and would compel him to accede to its request to run for the presidency under the All Progressives Congress (APC).

“This forum has come together to come and plead and beg Dr. Godwin Emefiele to run as president of Nigeria in 2023,” Fapounda said.

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“Since he was appointed the governor of the CBN he has spent his energy in building a resilient financial system that can serve the growth and development needs of the Nigerian economy. A typical example of this was seen during his first term, he supervised an interventionist currency policy at the behest of the presidency, propping up the Nigerian Naira by pumping billions of dollars into the foreign exchange market.

“He also introduced a multiple exchange rate regime to try to mask pressure on the Naira and avoid a series of devaluations. He has engineered bank policies and programmes that has supported job creation and fostered inclusive growth, in addition to key macro economic concerns such as inflation and exchange rate stability.

“He has come up with new strategies to navigate the Nigerian economy through hurdles such as the challenge of foreign exchange inflow, the exchange rate, the economic recession, stagflation, financial inclusion and the rise in the value chain of majority of crops in Nigeria.

“Ladies and gentlemen, join me in echoing Emiefele RUN! RUN!! RUN!!!”

Fapounda added that if not for how Emefiele managed the economy during the COVID-19 lockdown, Nigeria would have gone the way of Zimbabwe and Venezuela.

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