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Confusion over Rumoured Sack, Emefiele’s Tenure Extension @ CBN

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The re-appointment of Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has caused confusion among Nigerians.

 

While reports by some online medium claimed that the CBN Governor has been sacked, sources in the CBN reportedly refuted the claim.

 

Mr. Isaac Okorafor, director Corporate Communications of the CBN said that “the governor is in his office working. I don’t know what you’re talking about.”

 

Another official of the CBN sai that “there is nothing like that, the governor is here, his tenure expires in June.

 

“In fact he has functions to attend to tomorrow, one of which is to meet with stakeholders in the cotton value chain on Tuesday March 5, 2019.”

 

It will be recalled that the apex bank governor’s appointment is for a five-year renewable tenure that ends in May this year.

 

But the presidency is yet to make its position known.

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