Sunday, September 27, 2026

#EndSARS: Nigerians condemn central bank’s order to freeze accounts

Many Nigerians view the central bank’s action as an infringement on the rights of those affected and a plot to gag activists.

• November 7, 2020
CBN Godwin Emefiele (credit: Bloomberg)
CBN Governor, Godwin Emefiele (credit: Bloomberg)

Nigerians on social media have denounced the central bank for instructing banks to freeze accounts belonging to one firm and figures who were involved in the #EndSARS movement.

Peoples Gazette exclusively reported yesterday how the central bank unilaterally had the accounts frozen without a court order, and then got a judge’s approval five days later.

Many Nigerians view the central bank’s action as an infringement on the rights of those affected and a gag on activism.

Former minister Oby Ezekwesili wrote on Twitter, “How lower is @cenbank ‘s Emefiele sinking? How did the governor get our country’s monetary authority mired in this? The Central Bank of Nigeria went to secure court order to freeze bank accounts of young #EndSARS protesters in a Democracy? Wow. No way this will end well.”

Journalist Fisayo Soyombo wrote, “CBN has now become so idle that it’s most pressing mandate is chasing the court for an order to freeze the accounts of 19 individuals and a company that supported the #EndSARS movement. But ask them to strengthen the naira against the dollar and it’s mission impossible!”

Another Twitter user, @eboraowu, wrote, “Just so we are clear, Mr. Godwin Emefiele finds it hard to freeze the accounts of politicians who have stolen billions but in a few weeks can freeze the accounts of youth who protest and have spoken out against injustice.”

Two #EndSARS leaders have withdrawn from the Lagos panel of inquiry to protest against the central bank’s clampdown.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Memounatou Ibrahima

Africa

ECOWAS climate action stalled by poor funding, political will: Parliament

The Parliament wants ECOWAS leaders to consider a regional climate resilience and human security fund.

Third-quarter route march

NationWide

Navy ‌⁠‍‍⁠⁠‌⁠‍‌‍‍⁠‌‌holds route march to boost combat readiness

The exercise, conducted through Egweama communities in Brass, aimed to enhance physical endurance, promote healthy living, and maintain a physically fit force.

Nigeria’s Stallions at the African Men’s Sevens Series in Kampala

Sport

Nigeria’s Stallions beat Ghana, fall to Morocco in Africa rugby men’s sevens

The Stallions opened their campaign with a 26-5 victory over Ghana’s Black Eagles but suffered a 36-5 defeat to Morocco in their second match of the competition.

APC LOGO

Heading 4

APC ‌⁠‍‍⁠⁠‌⁠‍‌⁠‍‌‌‍‌reviews structures, declares readiness for 2027 

APC National Chairman, Prof. Nentawe Yilwatda, said the review covered the party’s structures from the national, state, local government and ward levels to polling units.

Alhaji Sa’ad Abubakar III, Dr Justin Welby and others.

Heading 1

Sultan, ex-Archbishop of Canterbury urge peaceful coexistence in Nigeria, beyond

“There is a need for a strong call on religious and faith communities to work towards checking all forms of hatred,” the Sultan said.

Suspected ‘one chance’ robbers

Abuja

Police arrest suspected ‘one chance’ robbers in Abuja

The FCT police command arrested three suspected members of a ‘one chance’ robbery gang in Abuja.