House APC caucus hails Emefiele’s re-appointment
ABUJA – THE All Progressives Congress caucus in the
House of Representatives yesterday distanced itself from
the claims of Rep. Gudaji Kazaure which questioned the
reappointment of the Central Bank Governor, Mr Godwin
Emefiele but hailed President Muhammadu Buhari for his
Spokesman of the caucus,Rep. Abdulmumin Jibrin, APC,
Kano, said that the views expressed by Kazaure does not
reflect the position of the caucus.
Kazaure had earlier urged President Muhammadu Buhari to
reverse the reappointment of Emefiele as Governor of CBN.
Kazaure said that the Buhari Support Group, Buhari
Campaign Organisation and the Buhari Die Hard Group were
not happy with the reappointment.
He claimed that Emefiele had not performed well in office
as Governor of the apex bank as the exchange rate between
naira to a dollar has risen drastically from N180 to N360
under his watch.
Jibrin said that the leadership of the caucus and some
opposition members with like minds wishes to dissociate
themselves from the views of Kazaure.
The spokesman said that APC caucus in the house
completely supports the reappointment of Emefiele.
“We stand by the President, we support that appointment
and we are pretty sure that because of the good works
Emefiele had done in the last four years, he deserves
“We also commend the Senate for confirming the CBN
Governor, this shows that the decision of President was the
right one,” he said.
Jibrin said that all the indices that can be used to the rate
the performance of a CBN Governor, Emefiele had done
“Ranging from the rate of inflation that has been going
steadily, to the management of our foreign reserves that
has been on the rise to our GDP expansion, stability in the
exchange rate and the management of our currency.
“The diversification of our economy through agriculture, the
massive rice production, empowering local farmers, for the
first time in so many years, we see massive profit being
declared by farmers,” he said.
Jibrin said that the expansion of the banking sector and the
quick recovery from resign speaks a lot of the good works
He said that the caucus congratulates the Emefiele, urging
him to remain focus and continue with the good work.