2023: Emefiele Faces Fresh Crisis As Odinkalu, Others Drag Him To Court!

The New Diplomat
Writer
Emefiele Operating Secret $47bn Foreign Reserve Account, 527 Others Without FG’s Knowledge – Report

Ad

OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday, the OPEC Secretariat called the claims “wholly inaccurate and misleading,” stressing that discussions among ministers for the upcoming meeting haven’t…

Ranked: Countries Losing the Most (and Least) from Trump’s Tariffs

Trump’s tariffs are hitting all of America’s major trading partners. But in U.S. trade, what matters isn’t just the tariffs a country faces—it’s how they stack up against competitors. This visualization, made with the Hinrich Foundation, shows which countries are losing the most, and the least, from Trump’s tariffs. The data seen here is sourced from…

Emergency in Rivers: Romancing impunity?, By Ebun Olu-Adegboruwa 

By Ebun-Olu Adegboruwa, SAN “I urge every Nigerian home and abroad to try and live within the confines of the law of the land and the Constitution of the Federal Republic of Nigeria. If we are able to do just that, we will be sure of ensuring that peace and unity reign in the country.…

Ad

The Governor of Central Bank of Nigeria (CBN) Godwin Emefiele seems not to be having a good time since he formally joined the presidential race under the platform of the All Progressive Congress (APC) as his aspiration while heading the apex bank is being challenged in court.

Emefiele is being dragged to court by Professor Chidi Odinkalu and  Uzoezie Ikemefuna Ralph-Collins. They have approached the National Industrial Court to determine whether by the combined effect of the provisions of Sections 1(3) and 9 of the Central Bank of Nigeria Act 2007, the 1st Respondent (Emefiele) is statutorily mandated to devote the whole of his time to his employment with 2nd Respondent (CBN) and the Federal Republic of Nigeria and not engage in any full or part time employment or vocation which in the context includes participating in party primaries, congresses or other convention for the purposes of nomination of its candidates to the office of the President of Federal Republic of Nigeria or contesting for election for the position of the President of the Federal Republic of Nigeria scheduled for 25th February 2023, while in the employment of the CBN.

Earlier, a group bought the Normination and Expression of Interest Forms for the CBN governor to contest the presidential election, an act which has generated alot of reactions as many have been demanding for his removal.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp