TheCable: There were reports that you recently made a tweet urging President Bola Tinubu to sack the CBN governor. Don’t you think this sends a negative signal and will further negatively impact the economy?

I never said President Tinubu should fire the CBN governor. I was quite surprised when I heard reports that I said he should be fired. My tweet is still on my X page. I said President Tinubu has a reform agenda and that the CBN governor should carry it out to the letter. The CBN governor has done a substantial part by revoking the licenses of BDCs and charging the Binance operators. I said the next focus should be financial institution executives because it is reported that most of them are the ones that own the BDCs outside. There is a report that the CBN itself says about $7 billion is lying in banks. So, searchlights should be beamed on the bank executives.

I said that, just like in the US, if you tax them and they don’t respond, then you can fire all of them and replace them. I now say that if the CBN governor is not prepared to carry out the reforms to the letter, he can be replaced with another person who does not have a commercial banking background. That was what I proposed, but people started circulating breaking news that I said President Tinubu should sack the CBN governor, which is very untrue.

As a matter of fact, the CBN governor is one of the few persons in this cabinet who is working hard. He really did well on the issue of the Binance operators. It takes great guts for you to arrest people who are doing terrorism financing and all kinds of illicit money transactions. Before, they were like cabals. They were untouchable. If you try anything, they will crash your money. But right now, the CBN governor was able to get them arrested, and they are cooperating and confessing. So, Cardoso is one of the few people who are working hard in this government. If not for the way he stamped his foot on the ground, by now, the dollar to naira rate would have been N1,900. So, he is doing well.

What we are encouraging him to do is to look at bank executives and begin to place demands on them. These bank executives are the ones who collect the dollars from the CBN, but when customers need the dollars for travel, medical, or business issues, it is difficult to get them. Also, the CBN should look at the idea of ransom being paid to kidnappers through banks. If you look at the Terrorism Prevention Act, if a bank transfers money to a kidnapper or a withdrawal is made on behalf of a kidnapper, that bank has committed an act of terrorism. So, I believe that a good look at the operations of our financial institutions will help in addressing this menace of kidnapping too.

https://www.thecable.ng/interview-budget-padding-by-national-assembly-isnt-illegal-says-bwala

Again??

Is like this Bwala dey suffer from mental illness

Heheheh

The way igb0s criticized the man ehn as if he was not performing just to spite Tinubu.

Now as dollars don dey go down, dem come dey vex .

When it comes to selecting the best brains, Ashiwaju never disappoints

Hehehe

Werey

Wait, na how much dem give this one wey him dey run his mouth like this.

Some men dont even have an atom of integrity

helinues:
Wait, na how much dem give this one wey him dey run his mouth like this.

Some men dont even have an atom of integrity

Shatap he is supporting the cocaine sniffing Chicago boy

who are in the first place to ask for his sack. u lack the moral right to do that

Okete001:
Heheheh

The way igb0s criticized the man ehn as if he was not performing just to spite Tinubu.

Now as dollars don dey go down, dem come dey vex .

When it comes to selecting the best brains, Ashiwaju never disappoints

You are a clown


Best brains indeed

chasing clout

jkpbestseries:
who are in the first place to ask for his sack. u lack the moral right to do that

Gbajue children are seriously praying and wishing Tinubu and the economy bad simply because their gbajue lord and personal saviour did not did not emerge.

How can people be angry simply because dollar fell against the Naira?

What I can promise you for real is no matter how bad Tinubu performs, the bald headed lying fraudster from Agulu will never, ever, ever be the commander in chief of the armed forces, Federal Republic of Nigeria.

No gang up can stop Tinubu's second term except death.

I have never voted nor liked APC in my life but you see 2027? It's for Tinubu.

Useless, unpatriotic, soar losers

Una go explain tire

Hehehe! Bwala go explain tire but no evidence to back it up.

kk

COMRADES, I've said this before, Bwala is starving get him some food, when he dies of hunger then go blame us