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.
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. A statement issued by the Director of Information, Office of the Secretary the Government of the Federation, Willie Bassey explains.
Following Emefiele suspension, his Deputy (Operations Directorate), Folashodun Adebisi has been announced to act in his capacity going forward.
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