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Home Economy/Technology

DSS not holding Emefiele, suspended CBN governor

Emefiele

The Matters Press by The Matters Press
June 10, 2023
Reading Time: 1 min read
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Nigeria’s food monthly imports dip

CBN governor Emefiele

The Department of State Services (DSS) has denied widespread claims that it had arrested the suspended Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele.

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Emefiele’s arrest were widely shared online, moments after his suspension was made public on Friday evening.

DSS spokesman Peter Afunanya on Saturday said in a terse statement, “Currently, Emefiele is not with the DSS.”

The Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey in a statement on Friday, announced Emefiele’s suspension.

“President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy,” the statement said.

“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) [Folashodun Adebisi Shonubi], who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.”

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