Bassey added that Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate).
By Jeffrey Agbo
President Bola Tinubu on Friday suspended Godwin Emefiele from his position as governor of the Central Bank of Nigeria (CBN).
A statement by the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said, “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect.”
Bassey added that Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) pending the conclusion of the investigation and the reforms.
READ ALSO:
As Tinubu takes charge, Emefiele’s fate now hangs in the balance
“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 the investigation and the reforms,” the statement added.
The suspension follows Emefiele’s naira redesign policy which many in the ruling political party believe was aimed at spoiling Tinubu’s chances at the February 25 presidential poll.
