President Tinubu suspends CBN Governor, Emefiele

President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect.

This was contained in a release by the Director of Information for the Secretary to the Government of the Federation, Willie Bassey on Friday evening in Abuja.

“This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

“Mr 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 investigation and the reforms,” the statement reads.

Leave a Reply

Your email address will not be published. Required fields are marked *