The Governor of Central Bank, Godwin Emefiele, reportedly bribed the National Assembly with N1bn to get the apex bank’s N2.4 trillion 2023 budget passed.
A federal lawmaker, Gudaji Kazaure, threw this accusation at embattled Emefiele in a viral video of the legislature spewing the allegation.
In the bombshell, Kazaure who represents Yankwshi/Roni, Gwiwa/Kazaure claimed the CBN governor was involved in several financial improprieties and went on to allege him of helping himself with the country’s money to the point he is richer than the federal government.
Some of his remarks: “Shortly after the election of the Speaker of the House of Representatives, Godwin Emefiele swiftly and smartly so, through pecuniary inducement influenced the selection of members of the House of Representatives Committee on Banking and Currency, particularly the chairman, in the person of Honorable Victor Nwokolo, who represents his (Emefiele) constituency. In fact, he is Emefiele’s younger brother.
“Interestingly and curiously so, such a highly sensitive committee chairmanship position had previously never been ceded to the opposition. Of course, you know that Nwokolo who chairs the committee is a member of the opposition PDP (Peoples Democratic Party) and he is deputised by Hafisu.
“This man has practically bought over not just members of the National Assembly, but every influential Nigerian because the man (Emefiele) is richer than the Federal Government.”
On the CBN’s astronomical annual budget increments, he said, “When we came in 2019, CBN budget was N520 billion, last year (2022), they (CBN) presented N1.3 trillion budget, they could not defend it; yet this year (2023), they brought N2.4 trillion. To facilitate its smooth passage, they (CBN) bribed committee members with N1 billion. The can of worms was blown when the chairman of the committee gave each member N10 million only, that’s how I got to know about the fraud.”
Asked to confirm how much was CBN’s budget in the last three years, he said, “from N520 billion it went up to N1.3 trillion to N2.4 trillion this year. And it will interest you to know that of the 360 members of the National Assembly, less than 40 of us know about these facts.
“What we’re discussing now was blown open when the Chairman of the Appropriation, Mukhtar Betara demanded that CBN must explain why they need N2.4 trillion. Notwithstanding, the leadership of the National Assembly prevailed on him to allow the budget as brought and he did,” he added.
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