In light of several accusations, former President Muhammadu Buhari has shared his reasoning for leaving Godwin Emefiele in his role as governor of the Central Bank of Nigeria (CBN).
The former presidential spokesperson, Femi Adesina, wrote a book titled “Working with Buhari: Reflections of a Special Adviser, Media and Publicity (2015 – 2023)” in which Buhari highlighted the paucity of evidence against Emefiele.
The former president claimed that the country’s 2023 general election was conducted without incident according to Emefiele’s Naira redesign strategy.
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Buhari stated that people “who had too much money” were the ones who objected to the idea.
In chapter 12 of the book, Buhari said: “The scarcity of money was not deliberately done to punish Nigerians.
He continued: “Democracy allows people to express their will, and we did not attempt to control them. People understood the implications of their choices, and we did not force them.
“My state, Katsina, showed the beauty of the whole system. In the Presidential poll, APC lost, but they came back to win the governorship. Maybe they took things for granted earlier because it was my state, and they thought they would win easily. People do not like being taken for granted.
“I met Emefiele in office when I came, and unless there was firm evidence against him, it would be unfair and an act of injustice to remove him, acting on hearsay.
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“If you punish a man unjustly, it could dog his footsteps throughout life, so if you would punish, you must have evidence and you should know that yourself wouldn’t be there forever. You would leave one day.
“I’m very conscious about the morale of people who serve with me. I also expect whoever succeeds me to be fair to me. I have family, friends, who will feel it. I’m very conscious of fairness.
“When he was linked with campaign for 2023 presidency, I did not ask him, because he told nobody he was getting involved. Otherwise, I would have removed him and told the nation why.
“There is no denying that the naira redesign policy gave us cleaner elections. It was people who had too much money that had problems with it.”
During a period when new notes were in short supply, the book disclosed that a specific bank chairman was discovered in possession of almost N260 million.
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Has the matter been brought before the Supreme Court by me? He said in the book, “No, I could not have.”
Buhari noted that he does not hold people to his own standards while yet maintaining that he had a clear conscience.
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