Mr. Godwin Emefiele will now take over the reins of CBN from Dr. Sarah Alade, the most senior deputy governor at the bank who has been Governor in acting capacity since Sanusi’s suspension.
Nigerian President, Dr. Goodluck Jonathan nominated Emefiele to the Senate on February 20th 2014, the same day he ousted then Governor, Mallam Sanusi Lamido Sanusi on allegations of financial reckless and misconduct.
Fomer Governor of the Nigeria apex bank, Mallam Sanusi has since approached the court for his unjust removal by the president Jonathan.
The President of the Senate, David Mark, while confirming the president’s nominee, expressed assurance that Emefiele would lead the bank “without fear or favour”.
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