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Home | Emefiele Abandoned Crashing Naira, Spends Billions For Presidential Campaign – PDP Govs

Politics

Emefiele Abandoned Crashing Naira, Spends Billions For Presidential Campaign – PDP Govs

Daily Report Nigeria
Daily Report Nigeria
Published: June 15, 2025
Last updated: June 15, 2025
2 Min Read
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Emefiele Abandoned Crashing Naira, Spends Billions For Presidential Campaign – PDP Govs | Daily Report Nigeria
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Governors elected under the platform of the Peoples Democratic Party, PDP, have alleged that the governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has spent billions of Naira on his rumoured 2023 presidential ambition.

PDP governors levelled the allegation while reacting to a statement by Garba Shehu, spokesman of President Muhammadu Buhari, who tackled the party for saying the current administration failed in fixing the insecurity and other challenges facing Nigeria.

A statement issued by the Director-General of the PDP Governors Forum, Hon. C.I.D. Maduabum, also alleged that the CBN governor is showing lackadaisical attitudes toward the crashing of Naira.

According to the governors: “It is even more surprising that Garba Shehu mentioned the value of the Naira. What can we say, there is no strategy, no concerted effort to stabilise the value of the Naira.

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“How can there be a plan when the CBN Governor, Mr. Godwin Emefiele, is openly running for the office of President, spending billions in television and newspaper advertisement and other costly engagements.

Also Read: CBN Has Revamped Agriculture To Cope With Rising Food Prices; Emefiele

“This is being done under the nose of Mr President. There can be no better evidence of government adrift, unconcerned and rudderless. Without care about how the economy runs. The sheer arrogance of being in such a sensitive office and running for President is quite outstanding.”

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