One of the things that people predicted before Bola Tinubu took over as Nigeria’s president is that he will surely remove the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. 

 Now, President Tinubu has suspended him, over allegations of financial misconduct.

Advertisements
Just In: President Tinubu Suspends CBN Governor
Emefiele and Tinubu

Emefiele, according to the president has been relieved of his duties temporarily though with immediate effect to allow for proper investigations into the matter.

If this is followed through, Mr Emefiele may become the first person that the Tinubu administration will set records straight with.

People had alleged that the new Naira notes printing had issues that the CBN Governor must answer to.

It is not clear if the investigation will be around this failed new Naira project that sent Nigeria’s economy backwards, killing several businesses.

Advertisements

The president had ordered that an investigation be carried out into the financial conduct of the CBN governor’s since resuming at the apex bank.

This dates back to June 2014. Prior to the year that President Muhammadu Buhari became the president of Nigeria.

However, probing into the cashless policy issue could uncover why the Central Bank ignored the consequences it could have like the one in the video below.

In the video below, a woman told a story of how Emefiele’s cashless policy made her see her begging side.  

Advertisements

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.