In a shocking move late
Friday, the Department of State Services (DSS) apprehended Godwin Emefiele, the
Governor of the Central Bank of Nigeria (CBN), shortly after his suspension by
President Bola Tinubu.
President Tinubu’s
decision to suspend Emefiele did not come as a surprise to many, as the
embattled CBN governor had been widely criticized for the way he has allegedly
mismanaged the nation’s monetary policies.
A statement announcing
his suspension said the move came amid “ongoing investigation of his office and
the planned reforms in the financial sector of the economy.”
Willie Bassey, the
Director of Information at the office of the Secretary to the Government of the
Federation, said Emefiele’s suspension is with immediate effect.
Following the
suspension, the DSS swiftly moved to arrest Emefiele, taking him into custody
supposedly for questioning.
Recall that Emefiele had been accused of allegedly aiding and abetting acts of
terrorism and the DSS made unsuccessful attempts to arrest him before President
Tinubu took office.

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