CBN Breaks Silence On Emefiele’s Alleged Sack

CBN Breaks Silence On Emefiele’s Alleged Sack

The Central Banks of Nigeria, CBN has debunked reports that its Governor, Godwin Emefiele has been sacked.

Several online media platforms particularly blogs had reported earlier today that the CBN governor was sacked by President Muhammadu Buhari.

While some social media users believe the president may need to go through legislative processes before sacking the governor, others have continued to spread rumours of his alleged sack.

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But the Head of Corporate Communications of the Central Bank, Osita Nwanisiobi has reportedly said the purported sack was not true.

Denying the report, Osita said, “I heard it just the way you got it too. As far as I am concerned, it’s a rumour, I’m not aware of any sack”

Recall that the CBN Governor has been under pressure since he declared interest in running for president of the Federal Republic of Nigeria in 2023.

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Some stakeholders had called for his sack over his involvement in partisan politics and the free fall of naira, said to have lost 70% of its value since he became the CBN Governor in 2015.

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