“I am Ready To Work” CBN Governor, Emeifele Confirms Return to Nigeria, Makes Promises

“I am Ready To Work” CBN Governor, Emeifele Confirms Return to Nigeria, Makes Promises

  • The Central Bank of Nigeria Governor, Godwin Emefiele has announced his return to Nigeria
  • The whereabouts of the CBN governor have been in the spotlight in recent days following his travails with DSS
  • Emefiele has released a statement that he is back and has also promised to continue his duties

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Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has announced his return to the country in a statement issued Monday, 16 January 2023.

The statement was signed by Osita Nwanisobi, CBN's Director, of Corporate Communications.

In the statement, Emefiele vowed to keep performing the tasks President Muhammadu Buhari directs him to perform, Dailytrust reports.

CBN governor Emefiele return to Nigeria
Emeifele confirms his return to Nigeria after two weeks in the UK Credit: @cbn
Source: Twitter

CBN governor makes promises

Details of the CBN statement:

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“The Governor resumed with renewed vigour to perform his duty ahead of the first Monetary Policy Committee (MPC) meeting of the year scheduled for January 23 to 24, 2023.
“Mr. Emefiele remains committed to performing the task before him in line with his oath of office and the policy direction of President Muhammadu Buhari.
“While thanking the public for keeping faith with the Bank, we urge Nigerians to continue to support the policies of the Bank aimed at ensuring a stable financial system and the Nigerian economy in general."

CBN travails with DSS

Emefiele has been out of the country for several weeks amidst fears he would be arrested by operatives of the State Security Service (SSS) who are investigating several allegations against him, including corruption and terrorism financing.

The prolonged stay of CBN governor Emefiele in the UK raised concerns among civic organizations and prominent individuals that he was being tried for his recent policies.

Concerns grew to the point that a judge in Abuja ordered the State Security Service (SSS) not to arrest Emefiele when he returned.

However, Premium Times reports that the CBN governor got President Muhammadu Buhari’s permission for two weeks of leave.

10 things to know as CBN cash withdrawal policy kicks off

Meanwhile, in another report, commercial banks in the country have started the implementation of the CBN cash withdrawal policy

The policy goal is to increase the number of transactions conducted electronically while reducing the amount of physical cash that is used in the economy

Here are the ten things to know about the cash withdrawal policy and how it affects a bank customer.

Source: Legit.ng

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