The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been heavily criticised by Prof. Wole Soyinka over the controversial naira swap policy that resulted in a nationwide scarcity of banknotes in the first quarter of the year.
Recall that Emefiele had introduced redesigned N200, N500, and N1,000 banknotes in October 2022, announcing the phasing out of the old notes by January 31, 2023, later extending the deadline to February 10.
Though the policy was premised on preventing vote-buying in the lead-up to the general elections, the Supreme Court later ruled that the old currency remain legal tender until December 31, 2023.
In the Monday broadcast of Channels Television’s Roadmap 2023, which was monitored by Africa Today News, New York the Nobel Laureate condemned the CBN governor over the naira swap policy introduced months to the polls held on February 25 and March 18.
“Emefiele has committed a crime against humanity, over and beyond even any electoral mago mago (foul play),” Soyinka said.
“He struck at the heart of the subsisting survival principles, minimal needs and entitlements of the ordinary people in the street.”
Read Also: Currency Scarcity: CBN Dispatches Naira Notes To Banks
Speaking on he need for people-focused leadership, he explained that his agitations have always been born of a desire to interact with Nigerians in a state he referred to as civic dignity.
For the reverred playwright, President Muhammadu Buhari allowed Emefiele to let Nigerians suffer.
‘Don’t bully me. Don’t take my voice away. Don’t take my economic potential away, my economical entitlements. Don’t throw me on the mercy of sadists like Emefiele,’ he said.
‘He and his boss, Buhari, because ultimately responsibility rests with him [Buhari] to have allowed this to happen. But he [Emefiele] is the expert. He’s the one who gives the advice, he’s the one who executes the policies.’
Soyinka went on to accuse the CBN governor as reducing the country to a state of despondency.