The President reportedly requested a delegation of some Governors to give him one week to consider options for addressing the current suffering in Nigeria caused by a scarcity of fuel and currency exchange. In my opinion, this is not the appropriate decision for the President to make at this crucial moment.
I think in the current situation, regarding the currency exchange issue, the President should dismiss the Governor of the Central Bank immediately and appoint a competent and experienced person to handle the situation effectively.
The current situation regarding the currency exchange and fuel scarcity is rapidly deteriorating, and some individuals who lack patriotism and have greed are taking advantage of it in collaboration with some officials of the Central Bank of Nigeria to make the situation even worse. It has been widely reported in the media that these individuals are hoarding the new currency, exchanging it for the old currency at exorbitant prices and causing additional hardship for the entire population of Nigeria.
I urge President Muhammadu Buhari to take immediate action to replace Central Bank Governor Emefele and set up a high-powered inquiry to investigate the circumstances and proprietary surrounding the currency exchange at this critical time in our history.
It is irresponsible to undertake a currency exchange during this critical time when the country is preparing for general elections that will result in the replacement of key government officials at all levels. This situation appears to be intended to sabotage not only the current government but also poses a threat to our democracy and national stability.
The current situation calls for decisive action by the President to prevent this dangerous trend, which could lead to chaos and unrest in the country, and is not in the best interest of the nation.
Tanko Yakasai OFR,
Tuesday February 7, 2023.