AYCF Tackles Arewa Youth Assembly, over calls for Emefiele resignation

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AYCF Tackles Arewa Youth Assembly, over calls for Emefiele resignation

By: Femi Mustapha

 

The Arewa Youth Consultative Forum(AYCF) has lampooned a new group known as Arewa Youth Assembly, which on Monday asked the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele to “resign his position” over his alleged failure to manage the country’s economy sustainably”

A media release signed by the group’s National President, Yerima Shettima, noted that the Arewa Assembly leadership “is blind to the reality of not just the Nigerian economy but that of the entire world, ravaged by the Covid-19 epidemic, notably the United States, where millions lost their jobs and big investments are still folding up”.

It would be recalled that the Arewa Assembly, which spoke through its Speaker, Mohammed Salihu Danlami, alleged that the apex bank boss’ presidential ambition was the reason behind Emefiele’s bid to “destroy the Nigerian economy”, a position the AYCF described as “meaningless and childish”

Alhaji Yerima, in the AYCF’s swift response to what it described as the Arewa Assembly’s “misplaced attack, wrong transfer of aggression and desperation to attract public attention”, said the youth group “has got it all twisted” on Nigeria’s struggling economy under the covid-19 pandemic and unprecedented banditry and kidnapping that threatened trades and incomes.

“The Arewa Assembly didn’t do their homework well, did not research current facts and figures. Covid19 led to a 60% decline in crude oil prices in the first half of 2020 led to a decline in revenue, foreign exchange earnings; the output of key sectors like manufacturing and service industries and the economy fell into recession in the 3rd quarter of 2020 after two consecutive quarters of negative growth of 5.1% in the second quarter of 2020 and 3.6% in the 3rd quarter of the same year” AYCF recalled.

“The AYCF, therefore, takes exception to this unjustified attack on CBN boss.. Continue reading with #NewsPort-Nig

 

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