The Federal Government has brought forward a six-count charge against Mr. Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). The charges relate to alleged irregularities in procurement.
Godwin Emefiele was reportedly released yesterday and subsequently picked up by the Economic and Financial Crimes Commission (EFCC).
A Federal High Court sitting in Maitama, Abuja, has ordered the Director-General of the Department of State Security (DSS) and the DSS to immediately grant the suspended Governor of the Central Bank of Nigeria (CBN) unrestricted access to his lawyers and family members as it is within his constitutional right.
The suspension of Godwin Emefiele as the CBN Governor should not come as a surprise as President Bola Tinubu’s administration is at variance with the policy disposition of the CBN under Emefiele.
CBN Governor, Godwin Emefiele has said that the Dangote refinery was delivered at a total cost of $18 billion.
The refinery can produce 650 thousand BPD, which is the largest single train in the run, including processing capacity.
Key Federal Government officials, including CBN Governor Godwin Emefiele, have failed to appear before the House of Reps ad-hoc committee on oil theft over the alleged loss of 48 million barrels of crude oil.
The Naira redesign failed to achieve some of its objectives such as curbing inflation, and the CBN governor's involvement in politics raised questions about the politicization of the CBN.
Godwin Emefiele has described as ‘fake news’ a report linking him with Labour Party's Gbadebo Rhodes-Vivour.
Without mincing words, one can say that CBN Governor Mr Godwin Emefiele is one of the most popular people in Nigeria right now.
The President, who spoke in Abuja yesterday while receiving a parting donation of N12 billion security equipment for the Military and the Nigeria Police from the leadership of CACOVID said his government had received so much support from the private sector in addressing social ills in the country.
The Nigerian House of Representatives says it may reconvene before the February 25th general elections if the hardships caused by the naira swap policy remain.
