Economy

Arewa Youth Assembly backs Emefiele, says activities of Aboki FX designed to ruin CBN’s efforts at stabilising Naira

A northern socio-political group, The Arewa Youth Assembly (AYA), has applauded the decision of the Federal Government to shut down the operations of Aboki FX and go after its owner, Olusegun Oniwinde.

The CBN Governor, Godwin Emefiele on Friday said the website, which provides currency exchange information  is an illegal and criminal platform.

Reacting to the decision of the CBN in a statement on Sunday, AYA claimed that activities of Aboki FX, were designed to ruin the federal government’s efforts at stabilising Naira.

According to the statement by its Acting Speaker, Comrade Tahir Muhammad Azare, the group was concerned about the negative effects of the nefarious activities of Aboki FX on the nation’s economy.

“We note with dismay that his activities are deliberately designed to ruin the Federal Government’s efforts to stabilise the naira.

“We therefore, commend the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, to clamp down on his activities,” the group said in the statement.

The group added: “We, therefore, call on all security agencies to cooperate with the CBN Governor to take on this and other economic saboteurs.”

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