President Bola Tinubu announced the suspension of Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN) on Friday, June 9, barely 2 weeks after he resumed office as the porter of the nation. LEGIT NEWS reports.Information Guide Nigeria
However, there are some major things you should know about the suspension of the former CBN Governor which included the Naira Redesign policy, his office under investigation, and the legality of his suspension.
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Emefiele’s suspension by the president was clearly celebrated by many Nigerians, both on social media and on the streets.
The major reason for the celebration of Emefiele’s suspension was because of the failed naira redesign policy he introduced 2 months before the 2023 general election, which was clearly explained to be politically motivated, and his refusal to revert the policy even when the country’s economy and people were in pain.NYSC Portal
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