{"id":80384,"date":"2023-01-17T15:26:39","date_gmt":"2023-01-17T14:26:39","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal"},"modified":"2023-01-17T17:05:03","modified_gmt":"2023-01-17T16:05:03","slug":"peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal","title":{"rendered":"Peter Obi takes stand on CBN Governor, Emefiele\u2019s ordeal"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Labour Party Presidential candidate, Peter Obi on Monday said replacing the Central Bank of Nigeria\u2019s Governor Godwin Emefiele will not address the level of fiscal rascality fueling inflation and other economic woes.<\/p>\n

He made this disclosure while speaking at the Chatham House in London.<\/p>\n

He stated that Nigeria\u2019s exchange rate challenge will not go away if Emefiele is removed.<\/p>\n

Peter Obi has backed Emefiele amid rising inflation, chaotic foreign exchange regime, high interest rate, among other glaring economic challenges.<\/p>\n

\u201cPeople are talking about the Central Bank Governor, first let me assure you that the CBN governor will maintain his independence, he will be respected.<\/p>\n

\u201cAgain, it is not the problem of the person there. CBN has a role in monetary policy. Then, you have the fiscal ecosystem. It\u2019s like you go to a football match and the person who is supposed to be playing a particular wing is no longer there.<\/p>\n

\u201cReplacing Godwin Emefiele and putting somebody else there, with that level of fiscal rascality, which is what is fuelling our inflation and our rate of exchange today… these are some of the things we need to cut\u201d.<\/p>\n

Emefiele resumed office after annual leave, a statement signed by the apex bank Director of Corporate Communications, Osita Nwanisobi stated.<\/p>\n

Meanwhile, Nigeria\u2019s Secret Service, DSS denied a report of an alleged invasion of Emefiele\u2019s office upon his resumption on Monday in a statement signed by its spokesperson, Peter Afunanya.<\/p>\n

Controversies have continued to surround the alleged imbroglio between Emefiele and DSS.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Labour Party Presidential candidate, Peter Obi on Monday said replacing the Central Bank of Nigeria\u2019s Governor Godwin Emefiele will not address the level of fiscal rascality fueling inflation and other economic woes. He made this disclosure while speaking at the Chatham House in London. He stated that Nigeria\u2019s exchange rate challenge […]<\/p>\n","protected":false},"author":84,"featured_media":80383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,503,653,254,222],"class_list":["post-80384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-cbn","tag-emefiele","tag-nigeria","tag-peter-obi"],"yoast_head":"\nPeter Obi takes stand on CBN Governor, Emefiele\u2019s ordeal - Nigeria<\/title>\n<meta name=\"description\" content=\"The Labour Party Presidential candidate, Peter Obi on Monday said replacing the Central Bank of Nigeria\u2019s Governor Godwi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peter Obi takes stand on CBN Governor, Emefiele\u2019s ordeal\" \/>\n<meta property=\"og:description\" content=\"The Labour Party Presidential candidate, Peter Obi on Monday said replacing the Central Bank of Nigeria\u2019s Governor Godwi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-17T14:26:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-17T16:05:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/01\/postQueueImg_1673956636.90.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"775\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Peter Obi takes stand on CBN Governor, Emefiele\u2019s ordeal\",\"datePublished\":\"2023-01-17T14:26:39+00:00\",\"dateModified\":\"2023-01-17T16:05:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal\"},\"wordCount\":277,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/01\/postQueueImg_1673956636.90.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"CBN\",\"Emefiele\",\"Nigeria\",\"Peter Obi\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/peter-obi-takes-stand-on-cbn-governor-emefieles-ordeal\",\"name\":\"Peter Obi takes stand on CBN Governor, Emefiele\u2019s ordeal - 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