President Muhammadu Buhari has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele from his job, according to Intel region.

It was revealed that he may have been sacked in the early hours of Wednesday May 25.

His sack may not be unconnected to his ambition to succeed Buhari at the end of his tenure in 2023.

While there is nothing wrong with being ambitious with a presidential dream, Emefiele however flouted so many laws by declaring his interest to occupy the highest seat of power as a political appointee and wanted to remain as CBN governor without resigning his position to pursue his ambition.

After a public outcry by well meaning Nigerians, calling for his resignation shortly after a group of some faceless farmers purchased the N100m form of the All Progressives Congress (APC) for him and feigning ignorance of it, Emefiele would later approach a Federal High Court in Abuja to prevent the country’s electoral body Independent National Electoral Commission and the board of CBN rom disqualifying him from running for president.

https://thestreetjournal.org/just-in-buhari-relieves-godwin-emefiele-of-his-job-as-cbn-governor/

Saw it last night

Hope it's true!
One useless idiot on steroids. Always bankrolling northern farmers and making absolutely no effort to safeguard traders. Dollar is at 600 naira at the moment! It's only na miracle the way Igbo traders manage to bring in all the household materials and basic industrial materials you guys use at reasonable prices uptill this moment. No single effort to help importers, Infact it was as if the CBN and the government was at war with such businesses.

On the surface it looked a good idea to encourage local industrialization,. But how can you put the cart before the horse? You don't have the infastructure for industrial revolution and you're systematically undermining importers!? Power supply is basically low, roads are bad, raw materials like chemicals are imported, even basic staples! Yet they left the naira to crash. While they only export oil and gas. The man was out of it.
Very cleuless idiot!