The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Featured

Confusion Over Emefiele’s Whereabouts

Next Edition by Next Edition
January 12, 2023
in Featured
Court Freezes 65 Accounts For Forex Manipulation

CBN Governor, Godwin Emefiele

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The absence of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), was not known by many until he failed to appear before the House of Representatives which summoned him over some policies of the apex bank.

Lawmakers of the lower chamber of the National Assembly had summoned the CBN governor over the cash withdrawal limit and redesigning of the Naira.

You might also like

Benue Killings: Tinubu Orders Decisive Action, Tasks Alia On Reconciliation

NECO Conducts Common Entrance Exams For 64,000 Candidates

I Have No Regret Naming International Conference Centre After Tinubu – Wike

The bank had redesigned N1,000, N500 and N200 bills, and fixed 31 January as the deadline for the old notes to cease to be legal tender.

The CBN had on December 6, announced a new policy limiting over-the-counter cash withdrawals by individuals and corporate entities to N100, 000 and N500, 000, respectively, per week.

Emefiele had failed to appear twice, drawing the ire of the legislators.

But in a letter, the Deputy Governor, Corporate Services, CBN, Edward Adamu, told the lawmakers that Emefiele was said to be ill and would not appear before them in person.

Before Emefiele’s trip abroad, there were reports that a Federal High Court in Abuja restrained the Department of State Services (DSS) from arresting him over alleged involvement in terrorism financing and economic crimes.

READ ALSO: INEC Has No Plans To Postpone 2023 Election, Says Yakubu

Civil Society Organisations and activists had said those opposed to his policies wanted the CBN governor arrested for trumped up charges.

But the secret police, which neither denied nor confirmed the move to arrest Emefiele, simply said the service would not be distracted by those seeking to use propaganda to undermine its investigations.

The CBN governor has not been publicly seen in the country since he met President Muhammadu Buhari in Daura, Katsina State, early December.

But on Thursday, there were contradictory reports on his whereabouts.

While TheCable, an online platform, said he would return next week, Premium Times, also a digital newspaper, said the CBN governor entered the country secretly and would be leaving soon apparently to evade arrest.

Citing sources, TheCable said Emefiele spent the first part of his leave in the US but he is currently in the UK.
“The leave ends on January 17 and he will be at his desk thereafter,” TheCable reported.
However, in its own report, Premium Times said Emefiele’s leave ended on January 11.
“His holidays finished yesterday so he has to report to work today,” Premium Times quoted its source to have said.

But both platforms were on the same page on Emefiele getting the backing of Buhari for his trip.

Daily Trust tried to reach Osita Nwasinobi, CBN spokesman, on the phone to get his reaction but he was not available as of the time of filing this report. (Daily Trust)

Tags: BankCBN PRESIDENTEmefieleGodwin
Next Edition

Next Edition

Recommended For You

Benue Killings: Tinubu Orders Decisive Action, Tasks Alia On Reconciliation

President Bola Tinubu on Sunday directed security chiefs to implement his earlier directive to bring peace and security to Benue State. He also charged the Governor of Benue...

NECO: Group Hails Buhari On Prof. Obioma’s Appointment

NECO Conducts Common Entrance Exams For 64,000 Candidates

No fewer than 64,000 candidates from Nigeria, Benin Republic and Togo on Saturday participated in the National Common Entrance Examination (NCEE) for admission into Federal Government Colleges. The...

2020: Rivers Designed for Greater Heights

I Have No Regret Naming International Conference Centre After Tinubu – Wike

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says he has no regret naming Abuja International Conference Centre after President Bola Tinubu. Wike said this...

Northern Group Seeks Senators’ Support For Akpabio

Ignore Critics Who Call Us Rubber-Stamp Lawmakers, Akapbio Tells Colleagues

    President of the Senate, Godswill Akpabio, has called on his colleagues to ignore critics who have described the 10th National Assembly as rubber stamp. Akpabio, who...

Next Post
NSCDC Arrests Man Over Alleged Rape Of 6-year-old Girl In Kaduna

How Woman Was Raped In Presence Of Her 2-Year-Old Child In Kwara




Related News

Police Arrest Woman Taking Daughters To Bandits For Sex

Security Operatives Rescue Kidnapped Catholic Priest In Anambra

Caleb University receives NUC approval for first Ph.D programme

Caleb University receives NUC approval for first Ph.D programme

Africa’s COVID-19 Cases Pass 1.24m As Death Toll Nears 30,000

COVID-19: NCDC Reports 29 New Infections, 1 Death




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited