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  • APC Reps back Emefiele’s reappointment, fault Kazaure
  • Business & Economy

APC Reps back Emefiele’s reappointment, fault Kazaure

Admin May 16, 2019

Godwin Emefiele, CBN Governor

The All Progressives Congress caucus in the House of Representatives has backed the reappointment of the Central Bank Governor (CBN) Mr. Godwin Emefiele by President Muhammadu Buhari. The vociferous group in the House faulted Rep. Gudaji Kazaure (APC-Jigawa) who had earlier dismissed the reappointment as unworthy and undeserving.
At a news briefing on Thursday in Abuja, the spokesman for the group, Rep. Abdulmumin Jibrin (APC-Kano) said that Kazaure’s stand on the matter does not reflect the position of the group.
Kazaure had urged President Muhammadu Buhari to reverse the reappointment of Emefiele as Governor of CBN, saying that the Buhari Support Group, Buhari Campaign Organisation and the Buhari Die Hard Group were not happy with the reappointment.
He also claimed that Emefiele has not perform well in office as Governor of the apex bank as naira exchange rate to a dollar has risen drastically from N180 to N360 under his watch.
But, Jibrin said the leadership of the caucus dissociate itself from Kazaure’s stand.
The spokesman said that APC caucus completely support the reappointment of Emefiele.
“We stand by the President, we support that appointment and we are pretty sure that because of the good works Emefiele has done in the last four years, he deserves reappointment.
“We also commend the Senate for confirming the CBN Governor, this shows that the decision of President is the right one,” he said.
Jibrin said by all the indices that can be used to the rate the performance of a CBN Governor, Emefiele has done credibly well.
“The diversification of our economy through agriculture, the massive rice production, empowering local farmers, for the first time in so many years, we see massive profit being declared by farmers,” he said.
Jibrin said the expansion of the banking sector and the country’s quick recovery from recession speak of the good work of Emefiele.
The spokesman said the caucus congratulate Emefiele, urging him to remain focus and continue with the good work.
Jibrin said Kazaure took a joke too far and that the caucus would continue to engage and consult with him.(NAN)

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Tags: Abdulmumin Jibrin All Progressives Congress caucus in the House of Representatives CBN Central Bank of Nigeria. Gudaji Kazaure Mr Godwin Emefiele

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