Home » CBN (Central Bank of Nigeria), General Politics, Latest Politics, National Politics, Top Stories » Just in: Buhari relieves Godwin Emefiele of his job as CBN governor

Just in: Buhari relieves Godwin Emefiele of his job as CBN governor

President Muhammadu Buhari has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele from his job, according to Intel region.

It was revealed that he may have been sacked in the early hours of Wednesday May 25.

His sack may not be unconnected to his ambition to succeed Buhari at the end of his tenure in 2023.

While there is nothing wrong with being ambitious with a presidential dream, Emefiele however flouted so many laws by declaring his interest to occupy the highest seat of power as a political appointee and wanted to remain as CBN governor without resigning his position to pursue his ambition.

After a public outcry by well meaning Nigerians, calling for his resignation shortly after a group of some faceless farmers purchased the N100m form of the All Progressives Congress (APC) for him and feigning ignorance of it, Emefiele would later approach a Federal High Court in Abuja to prevent the country’s electoral body Independent National Electoral Commission and the board of CBN rom disqualifying him from running for president.

Having failed to get the court to give judgment in his favour, Emefiele approached a Delta State High Court that eventually granted him his wish.

But in a curious twist, he withdrew the suit he filed against INEC and the Attorney-General of the Federation.

His exact reasons for withdrawing the suit remain unclear, but his counsel however explained that he prayed the court to discontinue the suit and make an order striking it out.

Buhari in response to the expression of interest by his appointees had ordered the resignation of every one of his cabinet members interested in vying for political offices in 2023.

Some of his appointees obeyed the order, many including the Godwin Emefiele failed to resign. Some who put in their resignation letters, withdrew them.

-The Street Journal

Short URL: http://newnigerianpolitics.com/?p=63054

Posted by on May 25 2022. Filed under CBN (Central Bank of Nigeria), General Politics, Latest Politics, National Politics, Top Stories. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

PDP gives Obasanjo 48 hours to clarify his statement on Atiku


Emefiele’s fate over presidential ambition in the hands of CBN’s board of directors – Buhari


Browse Latest Politics

Featuring Top 5/4316 of Latest Politics

2023: Atiku insulted Wike – Gov Ortom

Browse Africa & World Politics

Featuring Top 3/2205 of Africa & World Politics

Browse National Politics

Featuring Top 5/1207 of National Politics

Prepare for revolution in Nigeria – Archbishop Chukwuma

Browse NNP Columnists

Featuring Top 10/1505 of NNP Columnists

Why I dumped PDP, withdrew from Presidential race – Peter Obi



Nigerian-born American-trained Engineer, Rangtiem Hoomkwap, creates revolutionary online platform for global artists


May 2022
« Apr   Jun »

© 2022 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes