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#Emefiele’s suspension As CBN Governor Seems A Vindictive Act – Reno Omokri

Tgmedia by Tgmedia
June 10, 2023
in Banking, Business, News
0
#Emefiele

#Emefiele's suspension As CBN Governor Seems A Vindictive Act - Reno Omokri

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#Emefiele‘s suspension As CBN Governor Seems A Vindictive Act – Reno Omokri—-Former presidential aide, Reno Omokri has has reacted to Godwin Emefiele’s suspension as Governor of the Central Bank of Nigeria (CBN).

The Genius Media Nigeria previously reported that President Bola Ahmed Tinubu approved Emefiele’s suspension in a statement issued on Friday by Willie Bassey, Director of Information in the Office of the Secretary to the Government of the Federation (OSGF).

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TGM understands Emefiele’s suspension, which is with immediate effect, is linked to the ongoing investigation of the activities of his office and the planned reforms in the financial sector of the economy.

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Following the directive suspending him from office, Emefiele has been directed to hand over the affairs of the CBN to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.

Reacting to the suspension in a Twitter post, Reno Omokri described the suspension says the suspension of Godwin Emefiele, the Governor of the Central Bank of Nigeria, by President Bola Tinubu is not in good taste but described it as a vindictive act

He, however said, the President should reconsider his actions for the nation’s greater good.

He wrote:

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The suspension of Godwin Emefiele, the Governor of the Central Bank of Nigeria, by President Bola Tinubu is not in good taste. It appears to be a vindictive act, to punish Mr Emefiele for the patriotic Naira redesign policy, which was meant, among other things, to reduce the impact of money on the #NigerianElections2023. President Tinubu started well. Indeed, I have had cause to praise him. But he should not mar the progress he has made by this act of seeming vengeance. The country needs unity and stability after a fractious election. Now is the time for appeasement, not punishment. It is hoped that the President will reconsider his actions for the nation’s greater good.

The suspension of Godwin Emefiele, the Governor of the Central Bank of Nigeria, by President Bola Tinubu is not in good taste. It appears to be a vindictive act, to punish Mr Emefiele for the patriotic Naira redesign policy, which was meant, among other things, to reduce the…

— Reno Omokri (@renoomokri) June 9, 2023

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