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Recession: Northern Youths Give CBN Gov 21 Days To Voluntarily Resign

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CBN123Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has been given 21 days within which to voluntary resign or do something to out the nation’s economy back on the right track.

The ultimatum was issued by the Northern Youth Council of Nigeria (NYCN) on Wednesday.

The northern youths said though they were not economists, they are aware that economy of the country is in shambles with foreign exchange worst in recent times.

They called on President Muhammadu Buhari to look for people with technical know-how to join him to fix the economy before it gets out of hand completely.

The NYCN, in a statement issued by its President, Comrade Isah Abubakar, noted that lack of economic and financial direction have increased poverty rate in recent times from 60 per cent to 75 per cent with attendant consequences that have increased number of impoverished Nigerians to about 120 million.

The statement read in part: “after watching with keen interest the present economic hardship in the country, we are saying no thanks to CBN Governor who has not been able to come up with any plan that can take us out of the wood as head of our financial body.

“We at NYCN while supporting the administration of President Muhammadu Buhari, are saying we are not happy with his economic team hence the need to look inward for better hands.

“We now pay as high as about N500 to a dollar. This has brought serious hunger and hardship on our people because most of what we eat are imported and are been affected by high foreign exchange. Inflation has increased from 7 percent in 2013 to 17 percent in quota 4 of 2015 and quota 3 of 2016 which bothers the CBN Governor and Finance Minister, Funke Adeosun agreed to the fact that economy is in trouble.

“Unemployment is another problem as it has soared to 24 percent at a period when millions of beverages, tobacco, banks and hospitality sector workers have been added to already saturated Labour market. Small and medium scale enterprises that were coming up are folding up as they cannot bear the exchange rate that has sky rocketed beyond their reach.

“This has shown total failure of the CBN governor and he has proved his total incompetence to manage Nigeria economy. It is to this regard we demand for his resignation as the CBN governor and urged Mr. President to appoint a competent hand not minding where he comes from, his ethnicity, or religion background. We only need someone with sound economics nitty-gritty who can manage our delicate economy. This is because we demand nothing but a better Nigeria.

“Failure of the CBN governor to voluntarily resign or put the economy in the right track within the 21-day of this ultimatum, NYCN will be forced to organize and mobilize mass protests in front of the CBN headquarters in Abuja”, the statement added.

The NYCN also called on the All Progressives Congress (APC) led government at various levels to stop playing blame games and work for people that elected them into various offices they are occupying, noting that they were voted in to effect positive change the country needed and not to keep complaining.

“We know we are not broke. It’s just that only few cabal and multi-national companies are holding it. The time to work is now” it said.

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Nigerians React As Festus Keyamo Shades Youths Over #EndSARS Protests

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Festus Keyamo
Festus Keyamo

Festus Keyamo

Nigerians have expressed their distaste for the tweet posted by Festus Keyamo over the #EndSARS protests that has led to lives and property being destroyed by hoodlums.

The Minister of State, Labour & Employment took to his Twitter page on Friday morning to post a tweet that reads thus:

“This morning, I woke up and remembered the African proverb: WHAT AN OLD MAN CAN SEE SITTING DOWN, A YOUNG MAN CAN’T SEE EVEN IF HE CLIMBS THE HIGHEST IROKO TREE. Good morning, Lagos. Good morning, Nigeria.”

Read AlsoMinister Of Labour, Festus Keyamo Backs #EndSARSProtest

A Twitter user identified as Adesina Oluwafemi berates the SAN for being a part of bad governance. “Mr. Keyamo. I am astonished at your statement. I am equally as old as you are if not older and I feel the pain of this our youth. I even have classmates that I can’t boast of. All these is because of bad governance which u are a part of“, he wrote.

See tweets below:

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Nigerians React As Army Says Videos Of Lekki Shooting Are Photoshopped, Fake

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Nigerians React As Army Says Videos Of Lekki Shooting Are Photoshopped, Fake
Nigerians React To Defence Spokesperson's Statement That Videos Of Lekki Shooting Were Photoshopped

John Eneche

Nigerians have reacted to the video of Nigeria’s defence spokesman, John Eneche, saying that the videos of the Lekki Tollgate shooting were photoshopped. In the video, he said it was analysed and the analyst concluded that they were all doctored.

His statement has generated reactions from Nigerians. Taking to Twitter, many Nigerian users on the micro-blogging platform have dismissed his statement as false because it is impossible to photoshop a live video on Instagram.

Read AlsoEnd SARS: Gen. John Enenche Reacts To Lekki Toll Gate Shootings

Information Nigeria recalls DJ Switch was hailed by Nigerians for her bravery as she waited at the scene of the incident to give everyone a live footage via her Instagram page.

A user identified as Tolani tweeted:

“Dear generation old Nigeria… you cannot photoshop Instagram live. Your ‘analyst’ has 419’d you sir.”

See tweets below:

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Hoodlums Looting At Bode Thomas Street In Lagos (VIDEO)

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Hoodlums Looting At Bode Thomas Street In Lagos (VIDEO)

In a video making rounds on Twitter, hoodlums were captured looting at Bode Thomas street in Lagos.

EndSARS: Police, Hoodlums Clash In Benin-City

The video revealed that some hoodlums are currently looting some properties on the street.

Following the unrest that has swiped through the streets of Lagos, hoodlums have taken over the street to cause mayhem in several parts of the state.

Watch the video below;

What started as a peaceful protest has led to the death of many lives and the propaganda of private and public properties.

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