A top security source, who spoke on condition of anonymity, told Saturday PUNCH that Emefiele would have been arrested during the administration of former President Muhammadu Buhari.
“Whoever is going to take over after him should be one who listens and is devoid of partisan affiliation. The office of the governor of the CBN is not a political office.Another economist, Mr Usman Musa, noted that the suspended CBN governor did not handle the economic issues affecting the nation wisely.
The Director and Chief Executive Officer, Centre for the Promotion of Private Enterprise, Dr Muda Yusuf, said the suspension did not come to him as a surprise. A policy analyst, Suraj Oyewale, said Emefiele’s performance as governor of the apex bank had fallen below expectation, adding that many Nigerians would be happy to see him leave office.
A lecturer and political analyst, Dr Ganiu Bamgbose, said the President made a great decision by suspending the CBN governor, whom he accused of holding the country hostage economically. A political analyst, Kamilu Fage, said it was surprising that the President left the CBN governor in office for some time after the swearing-in despite several infractions Emefiele committed prior to the election.
“I personally believed that Emefiele should not remain in office; he has committed several infractions, and I am not comfortable with the way he led the bank; however, on the basis of law I do not think the President can remove the CBN governor without recourse to the Senate.” He said, “The suspension should not be surprising even to himself. He has over time thrown the economy into domestic shocks through policy inconsistency and summersaults without an apology to anybody, even to the government he is embarrassing.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tinubu suspends Emefiele as CBN governor, orders probe of his office | TheCablePresident Bola Tinubu has suspended Godwin Emefiele as the governor of the Central Bank of Nigeria (CBN). The office of the secretary to the government of the federation (SGF) announced
Read more »
BREAKING: Tinubu suspends Emefiele as CBN GovernorMr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor.
Read more »
Breaking: Tinubu Suspends Emefiele as CBN Governor – THISDAYLIVE
Read more »
He’s not here to play - Deji Adeyanju reacts as President Tinubu suspends CBN Governor, EmefieleThe Convener of Concerned Nigerians, Deji Adeyanju, reacted to President Bola Ahmed Tinubu’s decision to suspend the Central Bank of Nigeria, CBN,
Read more »
BREAKING: President Tinubu Suspends Godwin Emefiele As Central Bank Governor | Sahara ReportersPresident Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, 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. Emefiele’s suspension was confirmed by Willie Bassey, the Director, Information, for the Secretary to the Government of the Federation, George Akume. It reads, “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect.
Read more »