HomeCover StoriesTinubu suspends Emefiele as CBN Governor

Tinubu suspends Emefiele as CBN Governor

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President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.

In a statement signed by Mr Willie Bassey, the Director, Information for Secretary to the Government of the Federation, Tinubu says his suspension is sequel to the ongoing investigation of his office and planned reforms in the financial sector of the economy.

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The statement reads;

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

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.

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