PRESIDENT TINUBU SUSPENDS EMEFIELE, CENTRAL BANK GOVERNOR  

TINUBU SUSPENDS EMEFIELE, CENTRAL BANK GOVERNOR

Zainab Tanimu

Kaduna, Northwest Nigeria

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

In a statement issued by

Director Information, Willie Bassey on behalf of Secretary to the Government of the Federation, dated  9th June, 2023,

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

The statement further added.

“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.