June 13, 2024

The Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, emphasized that the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, should not be unfairly blamed by the Federal Government for the monetary policies implemented by the apex bank during his leadership. Pastor Bakare conveyed this sentiment during a recent State of the Nation Broadcast, titled “Vice, Virtue & Time: Three Things That Never Stand Still,” which he delivered at the church in Ikeja, Lagos.

Pastor Bakare acknowledged that while Emefiele might have made incorrect decisions in managing Nigeria’s monetary policy, it would be unjust for the Federal Government to make him a scapegoat. He pointed out that, according to the provisions of the CBN Act 2007, it’s possible that Emefiele didn’t act without presidential authorization.

The cleric also stated that if Emefiele is proven guilty of any wrongdoing, he should face prosecution. However, Pastor Bakare highlighted the circumstances surrounding the time before the 2023 presidential election, suggesting a potential motive of political vendetta against the suspended CBN governor.

Pastor Bakare criticized the Department of State Services (DSS) for their handling of Emefiele’s arrest and detention. He expressed concerns about their professionalism and adherence to the rule of law, as the DSS’s actions seemed to indicate a bias towards targeting perceived political opponents rather than genuinely combating corruption.

Emefiele is currently facing charges from the Federal Government related to illegal possession of firearms and ammunition. Following Emefiele’s bail, the Federal Government submitted an application to appeal against the bail order. In response, Emefiele appealed to prevent further remand or prosecution on charges related to illegal possession of firearms and ammunition or any other charges.

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