President Bola Ahmed Tinubu has suspended the Central Bank
Governor, Mr Godwin Emefiele, from office with immediate effect.
Information has it that the suspension is sequel to the ongoing
investigation of his office and the planned reforms in the financial sector of
the economy.
Mr. Emefiele according to a statement from Willie Bassey Director, Information in the Office of Secretary to the Government of the
Federation 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, “President 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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