The Labour Party (LP) has faulted the suspension of Godwin Emefiele as the governor of the Central Bank of Nigeria (CBN). In a statement released by its spokesperson, Obiorah Ifo, the party called on President Bola Tinubu to investigate the Independent National Electoral Commission (INEC) and not the apex bank.
The party argued that Emefiele’s suspension was unconstitutional and in a way punitive.
“It is laughable to read that statement as most Nigerians are already aware of the intention of the government. 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?
The leadership of the Labour Party is disturbed by the decision of President Bola Ahmed Tinubu to suspend/sack the Governor of the Central Bank, Godwin Emefiele, albeit unconstitutionally without seeking the permission of the national assembly and we insist that the action was not in good taste and sounds punitive” the party said
Read the full statement below
“Mr President has the right to ask the CBN governor to resign, same way, Nigerians have the right to ask him or anyone to resign. However, he does not have the powers to do so. Having a right is one thing, having the power is another. Many have asked Mr President to resign but lack the powers to compel him to do so,” Femi Gbajabiamila, The minority leader of the House of Representatives, January 13, 2014.
The leadership of the Labour Party is disturbed by the decision of President Bola Ahmed Tinubu to suspend/sack the Governor of the Central Bank, Godwin Emefiele, albeit unconstitutionally without seeking the permission of the national assembly and we insist that the action was not in good taste and sounds punitive.”
