Politics
APC Membership: SAN Threatens 1,000 Cases Against CBN Gov
More condemnations have trailed the move by the Central Bank of Nigeria Governor, Godwin Emefiele, to contest in the 2023 presidential election on the All Progressives Congress while presiding over the apex bank.
A legal practitioner, Dr. Remi Olatubora (SAN), has threatened to galvanise Nigerians and the civil society to institute not less than 1,000 cases against Emefiele, should he go ahead with his 2023 presidential ambition on the platform of the APC.
According to him, he would ensure that in the next 10 years, the CBN governor would be jumping from one court to the other and inundate him with litigation, “the kind that has never happened in the history of legal profession in Nigeria.”
Emefiele had in his clarification said he had not taken the decision to run for the Presidency in 2023.
On Monday this week, his lawyer, Mike Ozekhome, SAN, filed a suit marked FHC/ABJ/CS/610/2022 challenging the legality of Section 84(12) of the amended Electoral Act and to prevent its application to him (a government appointee) in his aspiration to vie for the APC Presidential ticket.
But Olatubora, a former Commissioner for Education in Ondo State during the administration of Dr. Olusegun Mimiko, in an interview with The Tide source said Emefiele’s lawyers should be prepared for a lot of job.
He said, “If Emefiele, the governor of CBN who is entrusted with the public finance of Nigeria, who is the custodian of our foreign exchange, who is the chairman of the Bankers Committee could brazenly come out to tell members of the public that he is a member of APC and goes ahead to collect N100 million expression of interest form; if he submits that form, we will ensure that in the next 10 years, he will be jumping from one court to the other.
“We will inundate him with litigation, the kind that has never happened in the history of legal profession in Nigeria.
“He should expect up to 1,000 cases and his lawyers should be prepared for a lot of job. He should expect up to 1,000 cases in different courts by different interests that his coming into politics will infract on their rights and it will be coordinated and we will ensure that in the next 10 years, he will be jumping from one court to the other.
A former Deputy Governor of the CBN, Prof Kingsley Mogahalu also took a dim view of Emefiele’s action, describing it as a breach of the CBN Act.
He accused Emefiele of using public office to attain his personal interest, urging Nigerians not to reward such an act.
Mogahalu who is an aspirant under the African Democratic Congress, spoke while picking up the expression of interest form at the party’s secretariat in Abuja on Tuesday.
He said, “I weep for this nation with the development at the CBN. It is deeply wrong to play politics while in office. It is a violation of ethics, moral and the law. What we are seeing is the privatisation of public office for personal gains.”
“The CBN act is clear; Section (9) states that the CBN governor and his deputy should not engage in other employment of vocation. A vocation is something that could take up your time; it may not be a job, it may not be something you could put your hands on, but something that you have your mind and heart in, apart from your duties.
“For the CBN Governor, his heart and mind is in politics up to the extent of going to a law court to seek support for his ambition. First of all, I want to say Nigerians have no business in rewarding this massive breach of the rule of law because the action of the CBN governor shows a contempt of the rule of law. The individual in question has been monumentally incompetent and Nigerians should not support incompetence.”
The Socio-Economic Rights and Accountability Project said it was considering legal options to compel the Independent National Electoral Commission to move election from the custody of the Central Bank of Nigeria.
The group said its action was predicted on the involvement of Emefiele in partisan politics.
Also, the Conference of Nigeria Political Parties has called on President Muhammadu Buhari to sack Emefiele over his involvement in politics.
Speaking during a press briefing held alongside the Coalition of National Civil Society Organizations, the Secretary General of the group, Chief Willy Ezugwu and the National Secretary for the CSOs, Ali Abacha, insisted that Emefiele’s involvement in politics was in clear violation of the Public Service rules and the CBN Act.
The Tide source reports that Prof. Akinoso was elected alongside 38 other executive members of the party at the congress held on Saturday.
Other executive members are Dr Abiola Olaonipekun, who emerged as Secretary, Alhaja Latifah Latifu, Women Leader and Mr A. Adeleke, elected as Youth Leader.
It was learnt that the congress, which took place at the Obafemi Awolowo Stadium, Oke Ado in Ibadan, was attended by representatives of the Independent National Electoral Commission (INEC), the Police, other security agencies and prominent members of the party.
The election was supervised by electoral committee members, among whom were Prince Diran Odeyemi, who served as Chairman, Hon. Awoniyi Tolulope, Mr Babatunde Gbadamosi, Queen Stepheine Oyechere, Alhaji Yusuf Abidakun, Mr Olumide Aguda and Dr Phillips Adeniyi, who served as Secretary.
Prof. Akinoso, in his inaugural address, urged members of the party to set aside intra-party differences.
He advised them to concentrate their resources on the promotion of the party, saying, “The primary responsibilities of party executive members are to coordinate party activities, ensure harmony among members, and ensure party victory during general elections.
“Our immediate assignments are to key into INEC released 2027 general election time-tables. As directed by the National Caretaker Committee of PDP, our party e-membership registration starts next week. We must be fully involved and do a membership drive.
“A political party is only relevant and benefits its members if it wins the election. This is our goal. We should set aside intra-party differences; concentrate our resources towards the promotion of the party. We will make necessary consultations and dialogue to actualise this”.
President Tinubu disclosed this during an interfaith breaking of fast with senior journalists and media executives at the Presidential Villa in Abuja on Saturday.
He also disclosed that his administration had opened up on the principles of true federalism to the extent that local governments now get direct allocation from the Federal Government.
“There’s no morning that I ever leave my house without going through the newspapers. It’s an addiction. I read all of you.
“It might not be in full detail, but headline, the one that would hit me and the ones that won’t.
“At the beginning of this administration, I was just a little bit stubborn, looking at opportunities to correct things and make life more easier for the downtrodden.
“We’ve opened up the principle of federalism to the extent that local governments are now getting their money, but how they use it is in your hands. So, don’t bombard me alone,” President Tinubu said.
The ruling party said the ADC had turned criticism of the APC-led administration into its operating manifesto instead of presenting concrete solutions to Nigeria’s economic challenges.
In a statement issued on Saturday by the APC National Publicity Secretary, Mr Felix Morka, the party dismissed the ADC’s interpretation of a report presented at a policy dialogue organised by Agora Policy which suggested that the country’s poverty rate had risen from 49 per cent to 63 per cent.
Mr Morka said the opposition party’s reaction to the report as a “damning verdict” on the government’s economic policies reflected either ignorance of economic realities or deliberate political mischief.
“The African Democratic Congress’ attempt to spin a recent report presented at the Agora Policy dialogue indicating a rise of poverty rate of 63 per cent from 49 per cent as a damning verdict on this administration’s economic policies speaks either to its shocking ignorance of economic policy or its wilful blindness to the justification for, and transformative impacts of, ongoing economic reforms,” he said.
The APC spokesman noted that the report itself recognised the necessity of reforms aimed at correcting long-standing structural distortions in the economy.
According to him, the ADC had failed to present any credible alternative policy direction for Nigerians.
“Clearly, the ADC does not recognise itself as a political party. The ADC has not articulated a single alternative policy position or prescription of benefit to Nigerians. Condemning the APC and its policies has become its operating manifesto,” Mr Morka said.
He explained that major economic decisions taken by President Bola Tinubu, including the removal of fuel subsidy and the unification of multiple foreign exchange windows, were necessary steps to rescue the country’s economy from collapse.
Mr Morka said the subsidy regime had for years placed a heavy burden on public finances, consuming trillions of naira annually while encouraging corruption, fuel smuggling and inefficiencies in the system.
He added that the reforms had helped redirect national resources to key sectors such as infrastructure, healthcare, education and social development.
The APC spokesman acknowledged that economic reforms often come with short-term hardship but stressed that the measures were essential to build a stronger and more resilient economy.
“Economic reform is never cost-free anywhere in the world. The transient hardship experienced by Nigerians was an inevitable cost of reforms meant to build and guarantee a better future for all Nigerians,” he said.
Mr Morka maintained that the country’s economic outlook was already improving, citing recent growth figures and stronger external reserves.
“Our economy has rebounded and is expanding steadily. The country’s Gross Domestic Product grew by 4.4 per cent last year and is projected to expand by 5.5 per cent this fiscal year, with foreign reserves now exceeding $50 billion,” he stated.
He also pointed to government initiatives designed to cushion the effects of economic adjustments on citizens, including cash transfer programmes, student loan schemes and the rollout of compressed natural gas (CNG) initiatives to reduce transportation costs.
Mr Morka reaffirmed that the APC-led administration would remain focused on rebuilding the economy and expanding social investments to support vulnerable Nigerians.
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