Home » Nigeria intelligence agency arrests country’s Central Bank Governor

Nigeria intelligence agency arrests country’s Central Bank Governor

by Derek Andrews
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The Nigerian Division of State Providers (DSS), Nigeria’s prime intelligence company, announced Saturday that Governor of the Nigerian Central Financial institution Godwin Emefiele was arrested. The arrest comes simply hours after lately elected President Bola Ahmed Tinubu suspended Emefiele from his place.

Tinubu’s workplace launched an announcement concerning the suspension, saying, “That is sequel to the continuing investigation of his [Emefiele’s] workplace and the deliberate reforms within the monetary sector of the economic system.”

The suspension and arrest comes amidst an more and more tense relationship between Emefiele and Tinubu. Outstanding Nigerian monetary analyst Abiola Gbemisola expressed shock that Emefiele stayed on after Tinubu’s election, saying, “I wasn’t anticipating him to remain underneath the brand new administration, particularly given the truth that he was not so form in his insurance policies main as much as the [February presidential] election.”

The strain led to accusations that Emefiele was “plotting” towards Tinubu, which the Nigerian Central Financial institution launched a statement denying, saying, “we want to reiterate that the CBN Governor doesn’t participate in politics and due to this fact urge anybody with opposite info to show the Governor mistaken by offering any information.”

Tinubu was elected in February and sworn in in Could after a hotly contested presidential election. One other presidential candidate, Atiku Abubakar, claimed in March that the election was “neither free nor honest.”

Source / Picture: jurist.org

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