Naira Depreciation : Calling For Emefiele’s Resignation Shows PDP Is Delusional — APC

The All Progressives Congress (APC) says the call by the Peoples Democratic Party (PDP) for the resignation of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), amounts to a “delusion”

PDP had called for Emefiele’s resignation as a result of the depreciation of the naira.

“It is instructive to note that when Emefiele took office as CBN Governor in 2014 the naira exchanged for N164 to a dollar,” the PDP had said.

“Today, in the hands of Emefiele and the APC, the naira has tumbled to near N600 to a dollar, putting the nation’s economy on its knees.”

But in a statement issued on Friday, John Akpanudoedehe, national secretary of the APC caretaker committee, said the allegations that Emefiele did not handle the country’s economy are mirage.

The APC national secretary described the PDP as a failed opposition party which has ruined its electoral value.

“Our attention has been drawn to the Peoples Democratic Party (PDP) delusional call for the resignation of Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) over phantom allegations,” he said.

“As a failed opposition party, PDP’s current delusions are apparently a result of its leadership crisis, lost electoral value and general failure in the eyes of Nigerians.

“Nigerians are still waiting for PDP’s honest apology to Nigerians for its mindless pillage of our national resources, abuse of public institutions and the diversion of procured loans to fund its political activities and line the pockets of its cronies and family members.”