Revealed! Shock As Yemi Cardoso Reportedly Fires 14 CBN Directors…

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By Abiola Olawale

Reports emerged on Friday that no fewer than 200 officials of the Central Bank of Nigeria have been reportedly sacked.

The 200 officials were said to have included directors, deputy directors, assistant directors, principal managers, senior managers and lower-ranking staff.

A confidential source who spoke with the press said 14 directors were among the 200 staff reportedly sacked.

The New Diplomat reports that the CBN under the leadership of Olayemi Cardoso has been witnessing massive pruning and reforms aimed at shaping monetary policies positively.

In March, about 50 staff were allegedly sacked. Those sacked cut across 29 departments in the apex bank and this brought the number of those sacked to a total of 117 as of March.

While the reason for the mass retrenchment is still unclear, it comes amidst reports that the Cardoso-led CBN is reportedly battle-ready to fire all staff who had strong working ties and dealings with the embattled erstwhile CBN governor, Mr Godwin Emefiele.

It would be recalled also that the development came after the CBN had reportedly relocated about 150 staff of the Banking Supervision Department (BSD), which is one of the 29 departments of the bank, to Lagos.

The move had generated mixed reactions across the country, with many alleging that it was an attempt to dislodge staff who are northerners from the institution.

Meanwhile, below is the list of the affected 14 directors as reported by Daily Trust:

Clement Oluranti Buari, Director, Strategy Management

Dr Blaise Ijebor, Director, Risk Management

Lydia Ifeanyichukwu Alfa, Director, Internal Audit

Jimoh Musa Itopa, Director, Capacity Development

Muhammad Abba, Director, Human Resources

Rabiu Musa, Director, Finance

Dr Mahmud Hassan, Director, Trade & Exchange

Dr Ozoemena S. Nnaji, Director, Statistics

Dr Omolara Duke, Director, Financial Markets

Chibuike D. Nwaegerue, Director, Other Financial Institutions Supervision

Chibuzo A. Efobi, Director, Payments System Management

Haruna Bala Mustafa, Director, Financial Policy and Regulation

Rakiya Shuaibu Mohammed, Director, Information Technology

Benjamin Nnadi, Director, Reserve Management

The New Diplomat
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At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

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