Prominent Nigerians from the South East living abroad have raised alarm over what they describe as systemic marginalization of their region under the leadership of Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso.
In a strongly worded petition titled “Protest Against Marginalization of the South East in the CBN”, submitted to the National Assembly, the diaspora coalition accused Cardoso of orchestrating lopsided dismissals and appointments that heavily favor the South West, particularly the Yoruba ethnic group.
The petition, which has garnered signatures from respected professionals, religious leaders, and businesspersons across countries like the United States, Germany, the UK, Canada, Australia, and South Africa, cited a damning report by journalist Rufai Oseni detailing skewed CBN staffing patterns.
According to the petitioners, only one South Easterner currently holds a director-level position in the CBN, despite the region’s qualified pool of candidates. They allege that Cardoso’s administration dismissed four South East directors and over 20 Deputy Directors—many with foreign qualifications—without due process, board approval, or disciplinary proceedings.
Among those dismissed were:
- Chibuzor Efobi, Director, Financial Policy and Regulation
- Dr. Scholastica Ozoemena Nnaji, Director, Trade and Exchange
- Mr. Chibuike Nwaegerue, Director, Other Financial Institutions Supervision
- Mrs. Nkiru Asiegbu, Director, Special Duties
Other highly qualified professionals of South East origin were allegedly overlooked in subsequent directorship appointments, despite excelling in interviews. The petition names several, including:
- Rita Ijeoma Sike
- Chikelu Edison Oballum
- Paul Ihuoma Oluikpe
- Promise Joe-Ibekwe
- Ifeoma Geraldine Okwor
Instead, candidates from the South West—some of whom either underperformed or did not apply for the roles—were favored, the petition states.
“This is not just exclusion—it’s ethnic cleansing in a federal institution,” the diaspora body wrote. “Governor Cardoso appointed 13 Yoruba directors in one swoop while assigning only one position to the entire South East.”
They further noted that under former CBN governors, there was always an attempt to maintain regional balance, unlike the current administration, which they accuse of tribal favoritism.
The petitioners are calling on the National Assembly to:
- Investigate the appointment and dismissal processes at the CBN.
- Enforce compliance with the federal character principle.
- Separate the roles of CBN Governor and Board Chairperson to curb future abuse of power.
Warning of political backlash, the diaspora coalition pledged to mobilize voters and representatives to resist institutions that perpetuate ethnic bias.
“The South East will not remain silent. There must be accountability, fairness, and national inclusion. Enough is enough.”
