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Home Business News Politics

CBN Governor, Godwin Emefiele, picks N100 million APC Presidential forms

Chike Olisah by Chike Olisah
May 6, 2022
in Politics
parallel market, Covid-19: N3.5 trillion disbursed as stimulus package for the Nigerian economy, CBN Vs NESG: Waving the white flag for the benefit of Nigerians, Exchange Rate Unification: CBN devalues official rate to N380/$1, Nigerian banks have written off N1.9 trillion impaired loans in past 4 years, CBN sandbox operations, Stirling Trust Company Limited, Key highlights of the October 2020 Business Expectations Survey Report, A Total of N3.5 trillion was disbursed in the wake of the COVID-19 pandemic, in addition to several other interventions to reflate the economy - CBN, BOFIA 2020: Steps forward or backwards for Nigerian banks, Total credit to the economy rose to N19.54trillion – CBN Governor

CBN Governor Godwin Emefiele

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The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has reportedly paid the sum of N100 million for the All Progressives Congress (APC) presidential nomination and expression of interest form.

This may have finally laid to rest the anxiety that had greeted the rumoured bid of Emefiele to contest for the office of president in 2023 general election.

According to media reports, the forms were picked on behalf of the CBN Governor by his associates at around mid-day in Abuja, and he is expected to contest under the platform of the ruling APC.

What you should know

  • There had been calls from various interest groups for the resignation of Emefiele as the CBN Governor, following his rumoured interest in the 2023 presidential election.
  • Recall that for several weeks, different interest groups in their public campaigns had urged the CBN Governor, Godwin Emefiele, to throw his hat in the ring and contest for the office of the president in 2023 general election.
  • The various groups of youths from across the country in their hundreds stormed the venue of the APC convention in Abuja in March and demanded that Emefiele, while still holding office as the Central Bank Governor, should declare his ambition to contest the 2023 presidential election without further delay.
  • However, Emefiele in what appeared to be a response to calls for him run for the country’s presidency in 2023, maintained that his focus at that point in time was to formulate a robust monetary policy and fight inflation which is now a global problem.
  • The CBN boss said that part of his focus is also to build a strong financial system in an increasingly uncertain global economy.

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