By Kamil Opeyemi
President Bola Tinubu has wielded the big stick; suspending on Friday the Governor of Central Bank of Nigeria, Godwin Emefiele.
The suspension was announced in a statement released from the office of the Secretary to the Government of the Federation which was signed by the Director of Information, Willie Bassey.
According to the statement, the suspension was with immediate effect.
“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 the investigation and the reforms,” the statement read