Nigeria’s Apex Bank Governor, Mr Emefiele ‘Attacked’ On Twitter After He Tweeted on The State Of The Economy; He Later Deleted His Tweets
The Governor of Central Bank of Nigerian (CBN), Mr Godwin Emefiele, Saturday [04 Feb] morning engaged Nigerians in series of tweets with hashtags such as #WhyEmefieleMustStay and #EmefieleQuotes aimed at educating and encouraging Nigerians on the 'hurtful' state of Nigeria's economy and also kicking against several calls of his removal from office.
In one of his tweets, the CBN Governor wrote:
It is important to remind everyone that the exchange rate is simply a price that is determined by the forces of demand and supply. Having adjusted the currency in response to supply shortfalls, we believe that it is critical to ensure that the demand side bears some burden of the adjustment.
In another tweet, Mr Emefiele said:
People can complain about electricity, good roads, security, etc and that is understandable. But what does it say about our mentality as Nigerians if our foreign friends can come here, find a way to get around these difficulties, and outcompete us?
The above tweet actually referred to South African owned food retailer, Shoprite. Shoprite is Africa's largest food retailer, it operates 1855 corporate and 359 franchise outlets in 15 countries across Africa (with 7 outlets in Nigeria) and the Indian Ocean Islands. The Company's headquarters are situated in the Western Cape province of South Africa.
The CBN governor to Shoprite in yet another tweet, he wrote:
In June 2013, Shoprite revealed that it believes Nigeria has space for up to 800 Shoprite Stores, and that the seven outlets it already had then sold more Moet & Chandon Champagne in 2012 than its South African Stores combined.
Some Nigerians expressed anger at Mr Emefiele's tweets, saying they were not going to have any of such senseless tweets again. Many complained that the Nigerian government never provide a level playing ground between some foreign investors and their Nigerian counterparts.
No one can say Emefiele cannot multitask https://t.co/gMZm2uPxSx— Oladayo (@oladayo01) February 4, 2017
This is another low for Nigeria and her institutions. Now @cenbank = Emefiele. Sad. https://t.co/kxvBnBJ2Il— Carlito Brigante (@dDonCarlito) February 4, 2017
Chai. CBN handle is tweeting Emefiele must stay. Alu! https://t.co/ML06INlSlV— Nnayelugo (@Eloka51) February 4, 2017
The series of tweets were later deleted from the Central Bank of Nigeria's verified twitter handle (@cenbank). But the blogger was able to save some of the tweets as captured below:😂😫😂 whoever is behind the CBN handle has gone full rogue this morning.— TOPE (@bbtp) February 4, 2017
Giving us Emefiele quotes from WhyEmefieleMustStay by the minute.
.@cenbank I am pleased to announce that your disgusting quote was saved before it was deleted. Be very ashamed of yourself! #EmefieleQuotes pic.twitter.com/luOiJbqtWz— Adeola Mary Slessor (@Adeola0503) February 4, 2017