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A group, known as Green Alliance, has explained why it is supporting the Central Bank Governor Godwin Emefiele for the 2023 presidency.
According to the group, the CBN Governor will reinvigorate the economy if elected as president next year.
The group added that Emefiele is being supported by Corporate Nigeria and many politicians.
Speaking, the leader of the group, Wale Fapounda, said Emefiele a bridge, being from Igbo speaking part of Delta State
It noted that Igbo in the Southeast and the people of the South-South would identify with him.
According to him, Emefiele was born in Lagos where he also had his primary and secondary education.
Fapounda said: “It was remarkable that even if he were appointed by a Peoples Democratic Party, PDP administration, that the succeeding All Progressives Congress, APC government not only found him fit enough but also went on to make him the first CBN governor in the Fourth Republic to win a second term.”
Fapounda said: “Since he was appointed the governor of the CBN he has spent his energy in building a resilient financial system that can serve the growth and development needs of the Nigerian economy.
“A typical example of this was seen during his first term, he supervised an interventionist currency policy at the behest of the presidency, propping up the Nigerian Naira by pumping billions of dollars into the foreign exchange market. He also introduced a multiple exchange rate regime to try to mask pressure on the Naira and avoid a series of devaluations.”
He dismissed criticism from certain quarters that Emefiele had deviated from the core role of sustaining monetary policy saying that the development functions of the CBN as espoused by the CBN Governor were well covered by the new CBN Act of 2007.
“He has not declared, we are saying we want a round peg in a round hole. We have looked at all the aspirants, those who have declared and who are about to declare that the facts speak for itself,” he stressed.
