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Breaking: President Tinubu Suspends Emefiele

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President Bola Ahmad Tinubu

President Bola Ahmad Tinubu has suspended the Central Bank Governor Godwin Emefiele.

 

 

“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 the investigation and the reforms.”

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

A statement by Director Information in the office of the secretary to the Government of the Federation Willie Bassey says 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.

 

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