Finally, CBN Governor Emefiele Speaks On Rumored Removal
CBN Governor Godwin Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says that he is still in charge of the country’s apex bank and denied reports that he has been removed from office.

An online medium had earlier reported that the CBN governor had been sacked by the presidency and given two weeks to clear his table and “handover to an unnamed successor.“

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But Emefiele described the reports which made the rounds on some online platforms on Monday as concerning.

“I am confused and concerned about some stories going around. At least you can see me; I am doing my work, my tenure expires in June,” the CBN Governor said in Abuja on Tuesday, while promising that the apex bank will provide financial support for cotton producers at single-digit interest rates.

Apart from dismissing the reports, Emefiele is optimistic that the intervention programmes of Central Bank would continue with or without him.

He said, “The intervention programmes of the Central Bank of Nigeria has been on since 1978 and it has moved from one governor to another governor and I am very optimistic that even if another governor comes, no right-thinking person would abandon an initiative that is laudable and is meant to create jobs and is meant for the good of our country.”

Emefiele had been appointed as CBN governor in June 2014 by Goodluck Jonathan. Prior to his appointment, he was the Group Managing Director and Chief Executive Officer of Zenith Bank Plc.