Nigeria

'Emefiele is Nigeria’s Worst CBN Governor', Moghalu, Gives Reason

Updated Sunday, December 24, 2023 at 11:57 PM by Ridwan Adeola

A former deputy governor of the CBN, Kingsley Moghalu, has described Godwin Emefiele as “the worst CBN Governor” in the nation’s history
In a tweet-thread on Saturday, December 23, Moghalu provided an assessment of Emefiele’s tenure, shedding light on various critical areas of concern
The former presidential hopeful blamed former presidents Goodluck Jonathan and Muhammadu Buhari for trusting Emefiele

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FCT, Abuja - Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has said Godwin Emefiele, a former governor of the apex bank, “is without debate the worst and most damaging central bank governor in Nigeria’s history”.

Moghalu in a tweet, said embattled Emefiele is “incompetent and ill-prepared for the role”.

'Emefiele, most damaging CBN gov' - Moghalu

The professor also stated that “from all available information”, Emefiele lacks integrity.

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Ex-president Goodluck Jonathan appointed Emefiele, who was the managing director of Zenith Bank, as the CBN governor in 2014.

Former president, Muhammadu Buhari, kept the faith in the controversial banker.

Reacting to Emefiele’s ordeal via a tweet on Saturday, December 23, Omokri wrote:

“My views on Emefiele’s performance as CBN Governor have been a matter of record even when many now opining on the matter of his performance on the job were mute. He is without debate the WORST and most damaging central bank governor in Nigeria’s history- incompetent and ill-prepared for the role, and from all available information from his actions, doubtlessly severely integrity-challenged.”

Omokri reacts as Moghalu "indicts" Jonathan

Tinubu's investigator compounds Emefiele's troubles

Meanwhile, Jim Obaze, the special investigator appointed by President Bola Tinubu to examine the activities of the CBN and related entities, submitted incriminating reports against Emefiele.

The final report, titled 'Report of the Special Investigation on CBN and Related Entities (Chargeable Offences),' was submitted to the president.

'Emefiele could have faced firing squad’, Onanuga

Legit.ng also reported that Bayo Onanuga, special adviser on information and strategy to President Tinubu said Emefiele would have been facing a firing squad for high treason in China.