Emefiele Suspended as CBN Governor _Ada Nkong

Reports reaching us say Godwin Emefiele, the governor of the central bank of Nigeria has been suspended.

According to a statement signed by Mr Willie Bassey, director information secretary to the government of the federation, he is to hand over with immediate effect to the director operations.

See statement below

OFFICE OF THE SECRETARY TO THE GOVERNMENT OF THE FEDERATION

PRESS RELEASE

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.