We wholeheartedly
call on the good people of Nigeria to come out en mass for a protest to stop
this impunity: the Fraudulent Forex Trading, Round Tripping and
racketeering
going on in the Central Bank of Nigeria aided by its Governor, Mr. Godwin
Emefiele and bring to an end the Manipulation of Forex, illegally funding
Federal Government budget, shortchanging the Money Deposit Bank's reserve ratio
at the expense of the Masses as the abuse of internal process is unbearable as
the economy is negatively impacted and the resultant effects on the Nigerian
masses is already at a dangerous level.
The high level of
impunity and rascality overlooked and/or condoned by the Nigerian people in the
past without taking action has made the apex bank's top executives to continue
to engage in abuse of office, breach of trust, abuse of process and
manipulation of the Economy.
Recall that the apex
bank's top management carried out a backdoor recruitment exercise for the
children of high profile Nigerian politicians, business men, in which the door
was shut against the children of an average Nigerian who may have been
qualified to work in the bank on merit base and were not allowed, but, the
employment was freely handed to the children of friends and families of those
in Government.
The act stirred and
arose anger amongst Nigerians, yet there was no punitive action or consequences
against the perpetrators at the CBN because, the people overlooked the
situation.
It is rather sad
that the poor masses who most of time supports the government to ensure good
and rubost revenue, peace and stability are the ones who always get shut out
when it comes to benefits even in a so called democratic government.
We ordinarily
imagined that the government of President Buhari whose campaign fulcrum was on
anti graft, anti corruption will expose this all round, all sector massive
corruption and impunity, but, alas, it is looking the other way to the
astonishment of all and sundry.
Since the emergence
of the administration of President Buhari, Forex Trading has been illegally
turned to an exclusive business of the friends and family of those in power as
against the principle of banking which allows for professionalism in trading
and ensuring circulation to the business community for import and export of
goods and services that will have direct positive impact on the economy and the
people.
We have again taught
that the CBN will allow a level playing ground for all real stakeholders
especially business community to access FOREX for trading, but they have aided
the government cronies to horde it, and make it very expensive for them to in
turn make huge profits upon trading. These are the factors that has made the
prices of goods and services in the country to be very high and expensive, most
times unaffordable.
We shudder at the
high impunity and knavery at which the CBN has carried on this illegality in
this dispensation, playing lip service to the change mantra of Buhari's
government. This is another clear demonstration that the government and the CBN
is double mouthed, playing double standards about corruption-free Nigeria.
Matter of fact, the
CBN is like a mother who openly shows love and care to her baby who is
corruption by selling dollar at 304 naira to friends and families of Buhari led
government and selling at 480naira to the commoners who are also carrying out
forex trading. Many of these Buhari's cronies makes over N2 billion profit per
trading which is sometimes on a daily basis.
There is no other
name to call what is going on in the Central Bank other than corruption. This
is perpetrated to foist Buhari's led government by allowing his friends and
family to illegally divert funds, amass wealth in preparation ahead of 2019
elections to enable them have much more money that will be more than enough for
them to control the poor people, manipulate and rig the elections to his favour
without batting an eye.
Therefore it is with
great love for our dear nation that we passionately call on fellow Nigerians to
come out en mass on Friday 13th of January, 2017 by 9am for a mass protest
against the high handedness and impunity of corrupt officers in the Central
Bank, so as to call the CBN to order and stop this deleterious evil for it's
perniciousness and harmfulness to our nation, as we must stop the CBN from
continuing in this impunity, fraud, money laundering, corruption and wickedness
and make life better and easy for an average Nigerian. God bless the Federal
Republic of Nigeria.
Fasipe Oluyemi
Deputy National Publicity Secretary
The Nigerian
Wailers.
Headquarters, FCT,
Abuja, Nigeria.
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