BREAKING: Tinubu Suspends Emefiele CBN Gov

BREAKING: Tinubu Suspends Emefiele CBN Gov

Trending News as Tinubu Suspends Emefiele 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.

CHECK: TUC Tells Tinubu To Raise Minimum Wage To N200000

“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.”

Tinubu had hinted during the presidential campaign that the CBN naira redesign policy which led to the widespread cash crunch was an attempt to frustrate the general elections.

He, however, boasted that he would win the poll against all odds.

Following Tinubu’s emergence as President, there have been insinuations from several quarters that Emefiele might eventually lose his position under the current administration.

360hausa Team

360Hausa is a current Best Hausa Entertainment blog in Africa that specialized in providing you high quality content. 360Hausa was found and manage by Abubakar Yusuf Radda (B2 [D Promoter] Slayer). A Blogger, Ghost Writer & Content creator. Follow us on Social Media @360Hausa


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