A statement from the Willie Bassey,Director of Information, office of the Secretary to the Government of the Federation, obtained on the 9th of June said Emefiele’s suspension is due to an ongoing investigation.
The statement reads in part.
“This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector ofthe economy.
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms.”
Recall that the former President Good luck Jonathan appointed Goodwin Emefiele,who was then the Managing Director,Chief Executive Officer of Zenith Bank,the Governor of the Central Bank of Nigeria(CBN) on the 20th of February,2014. His appointment was renewed by the immediate past president, Muhammadu Buhari in 2019.
