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Naira Withdrawal Limits Policy: Plot To Frame, Arrest Emefiele On Terrorism Charges Exposed 

Naira Withdrawal Limits Policy: Plot To Frame, Arrest Emefiele On Terrorism Charges Exposed
By Our Reporter

The plot to frame and arrest the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has been exposed.

Naijanewshub.com.ng gathered that the Human right lawyers, chairmen of political parties, Civil Society groups, Ethnic Youth Leaders including Arewa Youth Consultative movement operating under the auspices of Coalition of National Interest Defenders, which exposed the alleged plot on Monday, noted that a case has already be filed secretly in court to carry out the arrest.

Addressing a joint world press conference on Monday, the Convener of the Coalition, Tochukwu Ohazuruike said that a motion has been filed in court, accusing CBN governor of terrorism financing and other crimes, a development described as economic crimes of national security dimension.

Ohazuruike said that it has taken “us some time, diligent and careful monitoring and resources to discover that on the 7th December, 2022, a Motion was filed in the FCT High Court with the major target of getting the CBN Governor out of office. The Motion had suit number M/294/2022.”

He noted that on the 7th of December, another Exparte application was secretly filed at the Federal High Court Abuja, with the intention to grant an order to arrest and detain Mr. Emefiele for a minimum of 60 days hiding under section 66 of the Terrorism Prevention and Prohibition Act 2022.

The groups further said that the plot is to arrest Emefiele and keep him away for at least 60 days in solitary confinement, which will pave way for his forceful removal from office and destabilize the President Buhari backed CBN economic stability and reform efforts especially the new currency redesign and cash withdrawal limit policies, which in the immediate will help achieve President Buhari’s promise of a credible election in 2023.

Narrating the history of the plot to sack the CBN Governor, the groups said, “sometime within the first week of this month, we intercepted credible intelligence about a plot at certain high places in government to stop the Central Bank Governor, Mr. Godwin Emefiele by all means and his policy to redesign the Naira with its January 31st, 2023 deadline and also to put a stop to the cash withdrawal limit policy of the bank scheduled to start on the 9th January, 2023.

“The plotters admitted that their major challenge was that the President had fully approved the policies but agreed that the approval would not deter them.

They also agreed that they would not be able to get the President to bring to effect Section 11 (2)(f) of the Central Bank (Establishment) Act.”

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