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Emefiele Northern youths demand CBN Governor sack in 21 days

Northern Youth Council has called for the sack of Godwin Emefiele over what it termed his inability to get the economy out of recession.

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Governor Godwin Emefiele play Governor Godwin Emefiele announces that Nigeria's central bank is keeping its benchmark interest rate on hold at 13 percent in Abuja, Nigeria, July 24, 2015. (REUTERS/Afolabi Sotunde)

The Northern Youth Council of Nigeria (NYCN) has given the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, an ultimatum of 21 days to fix the Nigerian economy or resign.

The group gave the ultimatum on Wednesday, October 5, 2016 while calling on President Mohammadu Buhari to get capable individuals to join him in fixing the economy and getting it out of its current economic state.

Speaking on behalf of the group, the President, Comrade Isah Abubakar said: “This has shown total failure of the CBN governor and he has proved his total incompetence to manage Nigeria economy.

"It is to this regard we demand for his resignation as the CBN governor and urged Mr President to appoint a competent hand not minding where he comes from, his ethnicity, or religion background. We only need someone with sound economics nitty-gritty who can manage our delicate economy. This is because we demand nothing but a better Nigeria.

“Failure of the CBN governor to voluntarily resign or put the economy in the right track within the 21-day of this ultimatum, NYCN will be forced to organize and mobilize mass protests in front of the CBN headquarters in Abuja”, Abubakar said in a statement.

ALSO READ: Reps members call for CBN Gov sack over devalued Naira

Speaking further, Abubakar said: “After watching with keen interest the present economic hardship in the country, we are saying no thanks to CBN Governor who has not been able to come up with any plan that can take us out of the wood as head of our financial body, we at NYCN while supporting the administration of President Mohammadu Buhari are saying we are not happy with his economy team hence the need to look inward for better hands."

The recent call for the sack of the CBN Governor is coming hours after members of House of Reps called for the sack of the Governor over his inability to save the falling Naira.

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