Kemi Adeosun, Godwin Emefiele Should Resign – House Of Reps


On allegations of mismanaging the country’s economy, Nigerians have been called upon by a House of Representatives committee to demand the resignation of the Minister of Finance, Kemi Adeosun, and Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

The panel has also called for the resignation of the Director General of the Debt Management Office (DMO), Abraham Nwankwo.

This call was made yesterday by Rep Sadiq Ibrahim (APC, Adamawa), Chairman of the ad-hoc committee set up to investigate the N700 billion bail-out funds given to some state governments by the Federal Government, after the two government officials failed to personally appear at the committee’s session.

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While Godwin Emefiele delegated an executive director in the apex bank, Umar Abubakar, to represent him, Kemi Adeosun did not send any representative. Director General of DMO was also represented by Oladele Afolabi, even though the lawmakers rejected the representatives.


In reaction to this, Chairman of the panel said that the attitudes of these top government officials reflects who is mismanaging the economy of the country, adding that Nigerians should rise up and call for their resignation immediately.

Disgusted at their absence, Sadiq Ibrahim said;

“If it is to bring virement, they would rush down, but now that they are to come and explain to Nigerians how the bail-out fund running into over N700 billion was disbursed, they are sending representatives; they are only interested in borrowing. This has to stop.”

Also decrying the trio’s absence, other members of the committee who spoke at the session described the absence of the officials as unacceptable in view of the quantum of money given out to states as bailout.

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The three officials were hitherto threatened by the ad-hoc committee to physically appear before it and provide all relevant documents on the bailout funds or they will forcefully invoke relevant sections of the Constitution to compel them to do so.