Central Bank of Nigeria Denies Sack Of Its Governor, Godwin Emefiele

The Central Bank of Nigeria has denied the sack of its Governor, Mr Godwin Emefiele, describing the report as an unfounded rumour.

Central Bank of Nigeria Denies Sack Of Its Governor, Godwin Emefiele
Central Bank of Nigeria Denies Sack Of Its Governor, Godwin Emefiele

Alleged Report Of Central Bank of Nigeria Governor, Godwin Emefiele’s Sack Spread Earlier

It was rumoured on Wednesday morning that Emefiele had been sacked by Nigeria’s President, Major General Muhammadu Buhari (retd), purportedly for his presidential ambition.

However, several papers are quoting Nwanisiobi as denying the trending report, saying, “I heard it just the way you got it too. As far as I am concerned, it’s a rumour. I’m not aware of any sack.”

QUICK LOAN ARENA recalls earlier report on May 9 of Emefiele heading to a Federal High Court in Abuja to seek a constitutional interpretation on his non-resignation while pursuing his presidential interests.

It was also revealed that Emefiele is a member of All Progressives Congress in Ika South Local Government Area of Delta State.

Central Bank of Nigeria Governor, Godwin Emefiele Reportedly Joined APC

Chairman of Ward 6 in the Ika South Local Government Area of Delta State, Mr Nduka Erikpume, in a telephone chat with one of our correspondents, had said the CBN governor had registered as an APC member.

When asked whether Emefiele had registered in the APC, Erikpume said, “Yes, he has registered since February 2021. He is our member.”

Condemnations have trailed Emefiele’s involvement in politics, with experts saying it could jeopardise the integrity of the country’s financial system.

A Senior Advocate of Nigeria, Kunle Adegoke, in a telephone call with The PUNCH, had said the CBN governor should resign his appointment and become a politician if he intended to contest in the 2023 general elections.

He said, “The governor of the central bank is expected to be impartial and not be driven by his own personal interests or the interests of a political party. Emefiele, as the governor of the Central Bank of Nigeria, represents all Nigerians and in that capacity, he is obliged under the constitution to serve each person irrespective of their political party or affiliation.

“The honourable thing for him to do is to resign if he is the one behind all these calls for him to come and contest. Where he is not the one, he ought to have come out earlier than now because we could see on social media, the branded vehicles and then the claim that farmers have spent N100m to buy him a nomination form of the All Progressives Congress. That is questionable.

“The few farmers who are debtors under the Anchors Borrowers’ Programme cannot now be deploying their resources towards this.”

A former Assistant Director at the CBN, Prof Jonathan Aremu, had also said any political participation by the CBN governor could compromise the integrity of the central bank.

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About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (quickloanarena.com), the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

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