The 29 May inauguration of a new set of power wielders highlighted once again the transient and ephemeral nature of political power. Political power is said to be transient because, like a candle in the wind, it is fleeting and impermanent. It is there one moment with all its glow and beauty, and gone the […]
The 29 May inauguration of a new set of power wielders highlighted once again the transient and ephemeral nature of political power. Political power is said to be transient because, like a candle in the wind, it is fleeting and impermanent. It is there one moment with all its glow and beauty, and gone the next twinkle of an eye. It is ephemeral because its duration is quite short.
Emefiele became the first public official from the Buhari era that the Tinubu government went after. In a statement by Willie Bassey, Director of Information in the Office of the Secretary to the Government of the Federation, it was explained that Emefiele’s suspension “is a sequel to the ongoing investigation of his office and the planned reforms in the economy’s financial sector.” Emefiele was reportedly arrested in Lagos by the DSS and flown to Abuja.
Two, it will be difficult for Emefiele’s suspension not to be linked to vendetta. During the campaigns, there was a general belief by supporters of Bola Tinubu, that Emefiele’s Naira re-design policy was targeted at Tinubu who was believed to have the heaviest war chest for vote buying.
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