Tinubu fired Emefiele, who was known as "the man who painted Naira with raisins," when the dollar hit 750 Naira while he was in c...
Tinubu fired Emefiele, who was known as "the man who painted Naira with raisins," when the dollar hit 750 Naira while he was in charge.
Godwin Emefiele is the Governor of the Central Bank of Nigeria. President Bola Tinubu has ordered that he be fired right away.
Within two weeks of Tinubu taking power from former President Muhammadu Buhari, he was put on leave.
Willie Bassey, who is the Director of Publicity in the Office of the Secretary to the Federal Government, said Friday night that Emefiele had been confirmed.
The CBN Governor was fired after a big review into his office and the plan to get the country's economy back on track.
Emefiele has been told to give all of his office's supplies right away to the Deputy Governor of the CBN Department of Administration, who will stay in charge of the CBN until the investigation is over.
After former President Goodluck Jonathan removed Sanusi Lamido Sanusi from his position as head of the CBN in 2014, the acting governor of the CBN took over as head of the bank.
Emefiele was the CEO of ZENITH Bank before he was chosen to be the governor of the CBN.
Since he became governor of the CBN, Emefiele has been heavily attacked by Nigerians, especially because he hasn't been able to do anything about the country's bad economy. Here are their bad ideas for this country.
During his time in office, the value of the Naira has dropped so much that 1 dollar is now worth 750 Naira on the foreign exchange market, but only 469.50 Naira at the government rate.
According to the National Bureau of Statistics (NBS), the CBN didn't do anything about it until the cost of living index hit 22.2 percent in May.
Emefiele has been accused of setting up the scam that changed the color of the Naira and caused misery and confusion in the rest of the country.
He also gave the Buhari government a ransom of 23.7 trillion naira from the CBN fund without asking the Senate or the Federal Assembly.
In December, the SSS asked the court for permission to hold him while they looked into claims that he was linked to terrorists. The Federal High Court in Abuja said no because there wasn't enough proof.
When Emefiele tried to run for president as a member of the APC, he was attacked.
Almost four times, JAKADIYA has told the world that Emefiele should be fired and put in jail right away, but the Buhari government hasn't done anything.
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