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Alleged terrorism financing: Experts raise flag over DSS, Emefiele rumoured fight

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Economic experts have warned the Department of State Services, DSS, and politicians against throwing Nigeria’s economy into further woes over alleged terrorism charges against the Central Bank of Nigeria Governor, Godwin Emefiele.

On Monday, Nigerians woke up to hear a Coalition of National Interest Defenders, in the full glare of the media, claim that the DSS is orchestrating plans to arrest and remove the CBN Governor.

The coalition made the allegation during a press conference in Abuja by its Coordinator, Tochukwu Ohazurike.

The group alleged that the DSS filed a suit at the Federal High Court Abuja accusing Emefiele of Terrorism financing.

In reaction to the allegations making the rounds in the media, the country’s secret service said it remained focused on its mandate.

“While professionally discharging its mandate, the DSS pledges to remain focused and unbiased. It will not, by any means, succumb to propaganda, intimidation and the desperation of hirelings to undermine it. It will also not give room to the use of falsehood and deceit to misdirect public understanding and perceptions of issues of national importance”, a statement to DAILY POST by DSS’s spokesman, Dr Peter Afunanya, said.

Meanwhile, a crowd of protesters with placards stormed the streets of Abuja demanding the sack of the DSS Director General, Mr Yusuf Bichi.

DSS acting script over Emefiele’s removal – Idakolo

Reacting to the development in a chat on Monday, a financial inclusion/wealth management expert, Mr Idakolo Gbolade said if the allegation is true, the DSS’s move is politically motivated.

He explained that the secret service is acting on a script to witch-hunt Emefiele over his perceived anti-establishment monetary policies in recent times.

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“If the alleged arrest plot is confirmed, then it can be assumed to be politically motivated. I want to believe it is not valid.

“However, from the body language of the National Assembly and Political parties, it seems they are against the withdrawal limit. In the past few months, The CBN’s policies regarding Naira redesign, withdrawal limits, etc., have been seen targeting political moneybags that have stored up enough cash for the upcoming elections, which will significantly disrupt their plans. From an economic point of view, these policies are necessary for the economy and to safeguard our elections’ sanctity

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