Agbese, in a statement, Friday night, said by suspending Emefiele, the president has again displayed readiness for the job by taking drastic decisions for the good of the nation.
According to him, Emefiele’s dismissal and subsequent arrest are long overdue, urging the President to go a step further to axe other corrupt officials in government.
Describing Emefiele as an “economic rascal”, Agbese said the ex-CBN boss’ suspension would serve as a deterrent to other corrupt government officials.
He stressed that Emefiele must be punished for the suffering he brought on Nigerians in the name of economic reforms and policies.
He said: “I am pleased with the news that Emefiele has been suspended. There is excitement all over the nation as though a dictator had just been arrested. It goes a long way to show how Nigerians detest one man.
“Emefiele has no business in governance. He is corrupt, incompetent, and vicious – bereft of ideas to move the country forward and without a sustainable solution to the current hardship faced by Nigerians.
“He has done almost irreparable damage to the nation’s economy, wiping out small businesses and condemning Nigerians with an inescapable reliance on cash to death by hunger. The country was pushed to a cliff and investors fled in droves. There was no justification for Emefiele to continue in his role.
“Emefiele defied all extant laws and dabbled into partisan politics even though it was clear he could not while holding office. Mr. Emefiele failed woefully in stirring the country out of the economic meltdown that characterized the COVID-19 pandemic. His failed policies and sham loan schemes were politicized and given only to his cronies.
“There are too many allegations against the same man. The N89 trillion from stamp duties, his links to Polaris Banks, and his connection with a syndicate of Bureau de Change agents as well as alleged terrorism financing among others. His recent naira redesign policy was the straw that broke the camel’s back.
“While his suspension is commendable, I want to urge the president to allow the security agents thoroughly probe Emefiele. He should be jailed if found guilty. I also want the president to beam his torchlight on other corrupt officials”.