Protesters Demand Resignation and Arrest of CBN Governor Godwin Emefiele Over Controversial New Naira Notes Policy

In a recent development, a group of Nigerians has gathered at the Central Bank of Nigeria (CBN) headquarters to stage a protest demanding the resignation and arrest of the CBN governor, Godwin Emefiele, in light of the new naira notes policy. The protesters, who were spotted holding placards bearing various inscriptions, claimed that Emefiele’s policy has caused significant hardship on the Nigerian population, allegedly resulting in the deaths of numerous citizens, as reported by Sahara Reporter.

The protesting group has expressed their determination to occupy the apex bank’s premises until their demands are met. Some of the messages written on the placards include: “Emefiele Must Go”, “CBN Now Bureau De Change”, “Emefiele Bring Out The Names of Those You Gave Our Money To”, “Where Is The 500 Billion You Cried on Tape Is Missing?”, and “What Happened To Anchor Borrowers Programme and many others?”

George Uboh, the convener of the protest, addressed the media and stated that they are demanding Godwin Emefiele, in his capacity as the Governor of CBN, to make the new naira notes available and come forth to address the public. Uboh referenced the Supreme Court ruling, which declared that the new naira notes policy has brought about undue hardship to the Nigerian masses.

Uboh further emphasized that the CBN’s monetary policy actions equate to genocide, asserting that weapons are not the only means to commit such a crime. The protest was spurred by the Supreme Court’s judgment, which instructed the CBN to release the new naira notes. Uboh described the policy as “insensitive” under Emefiele’s supervision, according to Sahara Reporter.

The protesters’ plan reportedly involves calling for Emefiele’s arrest and prosecution by the International Criminal Court for committing crimes against humanity. Uboh argued that having two legal tenders in a country simultaneously is treasonous, and lamented how the policy has severely impacted small businesses across Nigeria.

In response to the protest, security forces, including the Police, Nigerian Army, and operatives of the Department of State Services, have surrounded the CBN building to prevent any potential breach of law and order.