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Reading: Emefiele Must Be Sacked for His Role in $2.1b Arms Scandal – Tunde Bakare to Buhari
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Emefiele Must Be Sacked for His Role in $2.1b Arms Scandal – Tunde Bakare to Buhari

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2016/01/11
3 Min Read
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The Serving Overseer of the Latter Rain Assembly, Pastor Tunde Bakare has urged President Muhammadu Buhari to urgently sack the Governor of the Central Bank of Nigeria, Godwin Emefiele for his role in the ongoing $2.1b Arms deal probe.

Buhari during his State of the Nation address, titled, ‘Roadmap to successful change,’ in his church in Lagos said the CBN contributed to the arms scandal in more ways than one.

He said “The CBN currently contributes negatively to the Nigerian state in more ways than one. Firstly, the CBN has become a conduit for politicians to drain the nation. Otherwise, how can a letter of barely two paragraphs, addressed to the current CBN Governor, Mr. Godwin Emefiele, by the then NSA, Col. Sambo Dasuki (retd.), become the authority to incur expenditure leading to cash flow of $37m and several million euro?

“In decent climes, the CBN governor cannot continue in office while the NSA is accounting for his alleged offences.

“Given the resurgence of the subsidy conundrum, it has become needful to pre-empt and inform those who have been wondering if our January 2012 protests were organised in error. Let me reiterate that the Save Nigeria Group did not mobilise the people of this country to the Gani Fawehinmi Park, Ojota, merely to protest the removal of the fuel subsidy but to challenge the corruption that defined the fuel subsidy regime.

“We said then that it was not a deregulation, as was being claimed by the government, but a hike in fuel price. We demanded the prosecution of those indicted in the damning report of the Farouk Lawan committee, a phenomenon we refer to as ‘Kleptoric kleptocracy unlimited’, where for instance, N999m was reportedly paid 129 times totalling N128,871,000,000 to some companies by the office of the Accountant General of the Federation.

“Four years later, those indicted persons have not been prosecuted. Do we still need to wonder why corruption is so endemic and very pervasive in our nation today?”

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