By Uzair Adam Imam
A former Secretary to the Lagos State Government in the Second Republic, Chief Olorunfumi Bashorun, said the Central Bank of Nigeria’s (CBN) cash policy is making a dangerous and destructive history for Nigeria.
He stated that since CBN was established in 1959, and I was a foundation staff, no governor has taken Nigeria for a ride as Emefiele.
Bashorun, who disclosed this in a statement he personally signed on Thursday, asked the CBN governor, Godwin Emefiele, to resign immediately.
He said in the statement, “I have just read online a directive from the CBN governor that banks should pay a maximum of N20,000 out to customers on presentation of the teller.
“It is now clear that the CBN governor, Godwin Emefiele, is making a dangerous and destructive history for Nigeria. Since CBN was established in 1959 (and I was a foundation staff), no governor has taken Nigeria for a ride as Emefiele.
“The multiplier effect of his rather evil directive is to close down all businesses in Nigeria, and further add to the hardship Nigerians are experiencing in recent times.
“I make bold to state that unless this oppressive directive is withdrawn within the next 48 hours, Nigerian masses will have no choice than to rise and compel the government to take positive action to reverse it,” he stated.
