CBN faults call for Emefiele’s resignation

The Central Bank of Nigeria (CBN), has faulted claims from certain quarters for the resignation of the CBN Governor over issues relating to the exchange rate of the naira.

In a statement seen on Tuesday, Osita Nwanisobi, CBN’s spokesman, alleged that those behind such calls were only pursuing their selfish agenda fueled by those who had long benefitted from rent-seeking practices in the parallel forex market, which he refused to recognize as a significant segment of the country’s forex market.

According to him, the CBN would not be distracted in its mandate by yielding to the selfish tendencies of a few to the detriment of the majority.

He, therefore, urged the banking public to disregard claims aimed at impugning the reputation of the Bank, insisting that the Bank remained committed to carrying out its mandate for the good of the Nigerian people.