Tinubu sacks CBN Governor, Godwin Emefiele

By Samuel Ogunsona

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.

A statement signed by the Director, Information, Office of the
Secretary to the Government of the Federation
Willie Bassey and made available to Irohinoodua said
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.