SERAP urged Emefiele to immediately resign his position as CBN governor.
The body said Emefiele should resign in line section nine of the CBN Act.
According to SERAP, Emefiele’s involvement in politics would distract him from carrying out his duties.
SERAP tweeted: “BREAKING: Following reports that the CBN governor Mr Godwin Emefiele has picked the APC N100m presidential nomination form, we urge him to immediately resign his position in line with S. 9 of the CBN Act.
“Engaging in politics will conflict with/detract from his full-time duties.”
It was gathered that Emefiele’s associates paid N100million for the nomination and expression of interest forms on Friday, at the International Conference Center, Abuja venue of the sale of forms.