Politics
President Bola Ahmed Tinubu Suspends CBN Governor Emefiele, See Why
President Bola Ahmed Tinubu has suspended CBN Governor Emefiele.
Newsone reports that Nigeria’s President, Bola Ahmed Tinubu has suspended the Central Bank of Nigeria, CBN, Governor, Mr Godwin Emefiele from office immediately.
This online news platform understands that the suspension of CBN Governor Emefiele by President Bola Ahmed Tinubu was announced in a terse statement by Willie Bassey Director, Information Office of the Secretary to the Government of the Federation on Friday night, June 9, 2023.
Newsone Nigeria reports that CBN Governor Emefiele’s suspension is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
The now-suspended CBN Governor Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.