These 2 Ministers, CBN President Must Go to Stabilize Nigeria’s Economy

o stabilize Nigeria’s debilitating economic malaise, two Ministers of President Muhammadu Buhari must resigned or be sacked by the President.

The President of the Central Bank of Nigeria (CBN) must also be sacked to pave way for practical solution to the country’s economic quagmire.

The two ministers are: Minister of Finance, Ms Kemi Adeosun; Minister of Budget and National Planning, Udoma Udoma; and the Governor of Central Bank, Mr Godwin Emefiele.

Adeosun, Udoma and Emefiele are not competent, according to Senator Dino Melaye.

Melaye called on President Buhari to take measures to remedy what he described as a “debilitating economic malaise” that is drifting Nigeria towards a “dangerous precipice.”

Melaye, who represents Kogi State, said the time to take “drastic” measures to save the economy has come.

To stabilise the economy, Melaye asked the president to dismiss Adeosun, Udoma and Emefiele.

Melaye’s recommendations came in an update on his Facebook page Sunday afternoon. He accused two of the ministers of “gross incompetence.”

“The Finance Minister has not only displayed gross incompetence on the job, she also lacks the basic and rudimentary grasp of economic fundamentals necessary to run a critical sector of the Nigerian economy like the Finance Ministry.

“It is time for her to go now and pave way for a qualified and experienced person to steer the Nigerian economy away from the dark woods it has sunk presently under her stewardship.”

 On Udoma’s case, Melaye said the former senator was a fine gentleman who lacked requisite qualifications to manage Nigeria’s budget and planning tasks.

“It is akin to saddling a carpenter with a tailor’s responsibility,” he said.

Melaye, a close ally of embattled Senate President Bukola Saraki who is being tried for false asset declaration, said he was calling for Mr. Emefiele’s head because he had allegedly committed a series of “policy flip-flops, somersaults and inconsistencies as clear evidence of gross incompetence in the management of the nation’s fiscal and monetary policies.”