Emefiele gone! Tinubu suspends CBN gov, orders probe

President Bola Ahmed Tinubu has suspended the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, from office with immediate effect.

Willie Bassey, a Director in the Office of the Secretary to the Government of the Federation, announced this in a statement on Friday night.

“This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy,” according to the statement reproduced below.

PRESIDENT TINUBU SUSPENDS EMEFIELE FROM OFFICE AS CENTRAL BANK GOVERNOR

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. 

Willie Bassey 

Director, Information 

For: Secretary to the Government of the Federation 

9th June, 2023.

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