Thursday, 14 January 2016

N305 Per Dollar: PDP Asks Senate To Impeach Buhari, CBN Governor, Others



The Peoples Democratic Party (PDP), has asked the National Assembly to impeach President Muhammadu Buhari, over the missing budget documets scandal.

According to Premium Times, the PDP demanded the resignation of the country’s incumbent president, two ministers, and the central bank governor.

Among them are the Minister of Finance, Kemi Adeosun, and Minister of Budget and National Planning, Udo Udoma, and the Governor of Central Bank of Nigeria, Godwin Emefiele.

Nigeria’s main opposition party explained their requirement by the ministers’ “failure to provide the much needed capacity in the management of the nation’s economy resulting in the embarrassing crashing of the nation’s currency to as low as N305 to a dollar.”

While Godwin Emefiele has to step down “for plunging the country’s currency policy into chaos an action that thrown investors into total confusion.”


The party members said:
“We sympathizes[sic] with Nigerians who are seriously undergoing terrible hardship because of the now obvious inept leadership of APC despite the promise of one Naira to a dollar. What hope can a government that allows its currency to break a 43 year old record crashing to over N300 to one dollar offer and yet does not show it has clear focus of what to do,” the party said. The APC government rather than address very grievous national issues created by its lack of capacity to govern has instead resorted to violation of peoples rights in the name of fighting corruption.”

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