Godwin Emefiele deserves no pity. He is a victime of Karma
— The child died, the living wept but the dead were not happy with the weeping—-Igbo proverb
By Nwankwo T. Nwaezeigwe, PhD
Among the Igbo of West Niger, a popular saying goes: “The child died, the living wept but the dead were not happy with the weeping.” Watching the melodrama that played out between the officers of Nigerian Correctional Service (Prisons Service) and those of the Directorate of State Security (DSS) at the Federal High Court premises in Lagos on Tuesday July 25, 2023, it was obvious that while some people would appear sympathetic to Godwin Emefiele’s predicament, the spirit of dead Nigerians under the Government of Dead President Muhammadu Buhari, especially those who died from the calculated hardship orchestrated by his new naira note policy will not be happy with those sympathizing with him.
Most striking was the shameless display of official idiocy on the public space by junior officers of the Department of State Security (DSS) against a senior officer of the Nigerian Correctional Service of the rank of Deputy Comptroller, the same rank with a Deputy Director in their formation, a Deputy Commissioner of Police and a Colonel in Nigerian Army. That dastard display of unprofessional stupidity clearly shows how divided and rotten the Nigerian security system has degenerated to; which further explains why Muslim Fulani herdsmen, Muslim Bandits, Boko Haram, ISWAP and Unknown Gun-men led by the likes of Asari Dokubo are reigning supreme on our land.
Is it not laughable that of all the monumental financial crimes committed against humanity by Godwin Emefiele as Central Bank Governor, the DSS could only accuse him of possession of an Awka-made single barrel gun and one hundred and twenty-three rounds of cartridges in a country where thousands of people possess licensed pump-action rifle and bandits like Asari Dokubo display AK-47 rifles like walking sticks?
Nigerians cannot be deceived by a band of hooded criminals protecting bands of political criminals masquerading as Nigeria’s political leadership. Be that as it may, the dynamics of history has proven that not only is power transient, but the wicked shall never go unpunished, as Godwin Emefiele today symbolizes. This explains why it is ridiculous to see many Nigerians, especially those from the South and mostly Christians speaking against the blatant disobedience of the High Court order by the DSS.
The fundamental question is was Emefiele’s case the first of such imperious disobedience of lawful orders of the court by the DSS? Furthermore, has Emefiele not on different occasions refused to obey the orders of the same court which people are condemning the DSS for? Much as one might not be in agreement with the DSS in their dictatorial and unconstitutional patterns of discharging their constitutional duties, the fundamental moral question Nigerians, especially the South and Christians in general should ask is does Godwin Emefiele deserve special treatment outside what the DSS is currently meting out to him?
Have those Nigerians condemning the DSS for disobeying the orders of the court and re-arresting Godwin Emefiele forgotten so soon how he arrogantly disobeyed the order of the Supreme Court of Nigeria by a seven-man panel of judges led by Justice John Okoro restraining the Federal Government, the Central Bank of Nigeria (CBN) and Commercial Banks from enforcing the February 10 deadline on the new naira currency swap?
The same Godwin Emefiele ignominiously disobeyed the orders of a Federal High Court in Abuja presided by Justice Inyang Eko in suit number FHC/ABJ/CS/1193/2017 filed by Joe Agi, SAN over a 53 million US dollar debt judgment over Pars Club refund. Is it not an irony of fate that the same Emefiele is now requesting for bail in the same Federal High Court and protesting the disobedience of the same court order by re-arresting him?
How can we explain the fact that under Godwin Emefiele’s watch many Southerners died of hunger and their businesses closed because of the scarcity of the new naira currency notes?
How can we explain the fact that under the watch of Godwin Emefiele commercial banks in Southern Nigeria and their innocent members of staff were attacked while those in the Northern part of Nigeria operated smoothly?
How can we explain the fact that under the watch of Godwin Emefiele, while the people of Southern Nigeria could not have access to the new naira notes from the commercial banks in both urban and rural areas, the staff of his Central Bank of Nigeria were going into remote areas in Northern Nigeria personally swapping the new naira notes with the old ones for the Muslim Hausa and Fulani villagers?
How can we explain the fact that while all the commercial banks in Southern Nigeria were closed for operation in protest of attacks by their customers, those in Northern Nigeria, including Zenith Bank owned jointly by Godwin Emefiele and his kinsman Jim Ovia, were discretely operating, serving the financial needs of PDP and their Presidential candidate Alhaji Atiku Abubakar and his running-mate Dr Ifeanyi Okowa who is Godwin Emefiele’s Agbor kinsman?
The pertinent question is does Godwin Emefiele deserve a modicum of sympathy for his present ordeals? The name “Emefiele” in Ika-Igbo dialect stands variously for “Offend not” and “Sin not.” Unfortunately Godwin Emefiele turned out to be the direct opposite of what his name stands for.
Proverbs Chapter 16 verse 18 explicitly states: “Pride goeth before destruction, and an haughty spirit before a fall.” This is the position the former Central Bank Governor Godwin Emefiele today and which shall be the position of many more of the current political leaders in Nigeria. Today Godwin Emefiele has turned into a shadow of himself; as the BBC aptly described him in its recent news report of his court appearance:
“Mr Emefiele looked a shadow of the man that controlled the finances of Nigeria – Africa’s largest economy – when he arrived at court in Lagos. He clutched a huge red Bible in one arm and was dragged by the other arm into the courtroom by the court registrar.”
What baffled many Nigerians most was the red Bible he was holding. Was the Bible required to act as a talisman for him in the court or, to orchestrate a pro-Christian sentiment in the sense of being oppressed by a Muslim President and Vice President? Or was it a mere showmanship to prove to the people that he has turned a born-again Christian while in DSS custody? Or could we say that he was acting the repentant thief beside Our Lord Jesus Christ on the Cross of Calvary? Although the mere possession of the Holy Bible does not generally indicate spiritual impeccability, it however raises a lot of questions if a certified senior disciple of Lucifer grips the Bible on his road to judgment.
As Central Bank Governor, Godwin Emefiele clandestinely acted as an alternate President and Commander-in-Chief of the Federal Republic of Nigeria under the protection of his Agbor kinsman, the former Chief of Defence Staff General Lucky Irabor. He adorned the toga of political infallibility straddling over the clay-footed status of a demi-god who is above the laws and constitution of the Federal Republic of Nigeria in tandem with the likes of the former Attorney General and Minister of Justice Abubakar Malami and former EFCC Chairman AbdulRasheed Bawa.
From being touted by the Fulani cabal as their choice successor to dead President Muhammadu Buhari so long as he played according to their rule, he soon out of frustration of that political debacle became a willing Fulani tool to destroy the Nigerian masses through his orchestrated new naira currency policy. It turned out to be the option of either play along with them to install Atiku Abubakar President and his kinsman Ifeanyi Okowa Vice President or, be disgraced out of office.
Were Nigerians not aware that this same Godwin Emefiele purchased over ten thousand branded new cars and mini-buses in his name in preparation for his aborted Presidential ambition? Could this impunity by a sitting Central Bank Governor have been permitted in any civilized nation? This could only happen in Nigeria—the notorious nation of scammers and fraudsters both cyber and political? Well, it is a matter of time and the chicken will definitely come to roast.
It is true President Bola Ahmed Tinubu is extracting his own pound of flesh from Godwin Emefiele as he is doing with the former EFCC Chairman AbdulRasheed Bawa, but many Nigerians might be in the dark of its genesis.
Godwin Emefiele the former Central Bank of Nigeria (CBN) Governor and former Managing Director of Zenith Bank, who hails from Agbor-Obi, was the titular head of Agbor caucus of the Joint-Agbor-Fulani political mafia that secretly worked for Atiku Abubakar’s Presidential bid. Other members of this caucus included Jim Ovia—founder and Chairman of Zenith Bank, who hails from Agbor-Obi. General Lucky Irabor—Nigeria’s former Chief of Defence Staff, hails from Owa-Agbor. Nduka Obaigbena—Chairman/CEO of Arise Television and ThisDay newspaper hails from Owa-Agbor. Dr Ifeanyi Okowa— former Delta State Governor and Alhaji Atiku Abubaka’s Vice Presidential candidate hails from Owa-Agbor.
The main objective of this political occult group was to apply all financial weapons at their disposals through the Central Bank of Nigeria to make sure that Alhaji Atitku Abubakar was declared the winner of the February 25, 2023 Presidential election by denying Bola Ahmed Tinubu access to liquid cash for the election. This was the major objective of the now unpopular change of Naira currency color.
Apart from the fact that Tony Elumelu of the United Bank for Africa (UBA) who was co-opted into the caucus later withdrew and subsequently became Bola Tinubu’s financial lifeline during the currency swap through his bank, the plan to install Atiku Abubakar President met a brick wall when he sided the Presidency over the currency swap against the Northern Muslim Governors who were then his backbone.
This prompted Nasir el-Rufai’s State Broadcast attacking the Federal Government policy on naira currency swap which led to the Northern Governor’s decision to withdraw their support for Atiku Abubakar. They consequently demanded huge sums of money from Bola Tinubu for themselves and the INEC Chairman to rig him into power under certain conditions. This was the genesis of Emefiele’s current ordeal. For Nasir el-Rufai and co, it does not matter to them if President Tinubu finally loses out at the Tribunal. the point is that their agreement has been fulfilled by announcing him the winner of the Presidential election.