Tuesday, May 19, 2026
32.9 C
New York

RESIGN NOW: Economists Write Intense Open Letter To Godwin Emefiele On CBN Forex Policy Disaster, Corruption

A group of concerned economists and other business professionals have written an open letter to Nigeria’s Central bank governor expressing serious displeasure and lack of trust in the bank governor’s handling of the nation’s forex policies.

The letter accused the bank governor of operating several different forex rates with subsidies for the cabal and other select groups and the manipulation of the market and strangulation of market forex availability thereby leading to the current economic crisis and death to business and growth in Nigeria.

Godwin maintains a dual forex rate with one rate for the cabal and one for Nigeria to continue to siphon funds to his cabal coterie. This is at the center of the economic collapse. Former CBN governor, now Emir Sanusi Lamido Sanusi commented on this massive fraud to no avail. [Buhari Is Giving Cabal Billions Through Forex Subsidy, Creating Billonaires, Emir Sanusi Says – NewsRescue]

The letter authors included Feyi Fawehinmi, Oluseun Onigbinde of BudIT, Yemi Adamolekun of EiE among others.

Read the letter:

Most Popular

Iran Drones Reach UAE Reactor – Trump Hits Pause as GCC Begs

President Donald Trump has postponed a planned Tuesday strike on Iran after the rulers of Saudi Arabia, Qatar, and the United Arab Emirates personally appealed...

Trump: Removing Iran’s Uranium is “Mostly PR”

U.S. President Donald Trump has publicly downgraded the urgency of recovering the 400 kg of 60%-enriched uranium still buried under the rubble of Iran's bombed...

US and Israel Prepping New Attack on Iran as Soon as Next Week – NYT

The United States and Israel are actively preparing for a renewed military assault on Iran, with strikes possible as early as next week, according to a New...

Trump, Tinubu Claim Killing of Top ISIS Terrorist Nigeria Already Said It Killed in 2024

U.S. President Donald Trump announced overnight that American special forces, working alongside the Armed Forces of Nigeria, had eliminated Abu-Bilal al-Minuki...

Emperor Trump Considers Annexing Oil-Rich Venezuela as Part of US

U.S. President Donald Trump is "seriously considering" turning Venezuela – with its estimated $40 trillion in oil reserves – into a permanent part of the...

Recent

Iran Drones Reach UAE Reactor – Trump Hits Pause as GCC Begs

President Donald Trump has postponed a planned Tuesday strike on Iran after the rulers of Saudi Arabia, Qatar, and the United Arab Emirates personally appealed...

Trump: Removing Iran’s Uranium is “Mostly PR”

U.S. President Donald Trump has publicly downgraded the urgency of recovering the 400 kg of 60%-enriched uranium still buried under the rubble of Iran's bombed...

US and Israel Prepping New Attack on Iran as Soon as Next Week – NYT

The United States and Israel are actively preparing for a renewed military assault on Iran, with strikes possible as early as next week, according to a New...

Trump, Tinubu Claim Killing of Top ISIS Terrorist Nigeria Already Said It Killed in 2024

U.S. President Donald Trump announced overnight that American special forces, working alongside the Armed Forces of Nigeria, had eliminated Abu-Bilal al-Minuki...

Emperor Trump Considers Annexing Oil-Rich Venezuela as Part of US

U.S. President Donald Trump is "seriously considering" turning Venezuela – with its estimated $40 trillion in oil reserves – into a permanent part of the...

Bibi Blames Bot Propaganda, Promises to End Need for US Cash

Israeli Prime Minister Benjamin Netanyahu says he intends to wean Israel off American financial aid within a decade – and that the dramatic collapse in U.S....

Iran War Emptied US Missile Stocks, Senator Warns – Years to Replenish

The United States burned through so much of its missile inventory fighting Iran that replenishing the depleted stockpiles will take years – and could...

IDF Soldier Puts Cigarette in Virgin Mary Statue’s Mouth

A photograph showing an Israeli soldier placing a cigarette in the mouth of a Virgin Mary statue in southern Lebanon has triggered widespread outrage online....
spot_img

Related Articles

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Popular Categories

spot_img
0
Would love your thoughts, please comment.x
()
x