NONE OF CBN GOVERNOR GODWIN EMEFIELE’S MONETARY POLICIES ARE WORKING. MOPPING UP OF EXCESS LIQUIDITY MEANS LESS MONEY IN CIRCULATION RESULTING IN LESS INVESTMENT AND LESS SPENDING POWER. UNDER THE CIRCUMSTANCE, THE NATIONAL ECONOMY WITH SHRINK FURTHER WITH LESS BUSINESS ALL AROUND.

CLEARLY, GODWIN EMEFILE HAS LOST ITS BEARING ON THE NATION’S ECONOMY. THINGS WILL NOT CHANGE FOR THE BETTER IN NIGERIA UNLESS MR EMEFIELE IS KICKED OUT AS THE GOVERNOR OF THE CENTRAL BANK OF NIGERIA.

IF ANYTHING, EMEFIELE IS AT THE CENTER OF FOREX FRAUD AMONG THE COMMERCIAL BANKS OF NIGERIA, DE-VALUATING NAIRA FROM N197 TO N320 TO A DOLLAR.