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President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr. Godwin Emefiele, CFR, from office with immediate effect.
This was contained in a statement by Willie Bassey, Director, Information, office of the Secretary to the Government of the Federation, dated June 9, 2023.
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According to the statement, the suspension was sequel to the ongoing investigation of Emefiele’s 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.