It's a Malicious Report: CBN Denies Emefiele is Plotting Against President-Elecl, Tinubu, Funding GRV

It's a Malicious Report: CBN Denies Emefiele is Plotting Against President-Elecl, Tinubu, Funding GRV

  • The Central Bank of Nigeria (CBN) has debunked claims that its Governor, Emefiele is backing LP Governorship Candidate in Lagos
  • The CBN said in a statement that a news report had said the CBN governor was also plotting with a billionaire to fund the LP candidate
  • Emefiele also denied plotting against Bola Tinubu, Nigeria’s President-elect

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The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has denied reports that he is plotting against Bola Tinubu, Nigeria’s President-elect.

According to reports, Emefiele described the report as false and malicious.

Emefiele, Tinubu, Labour Party, CBN, grv
Godwin Emefiele, CBN Governor Credit: Bloomberg/Contributor
Source: Getty Images

A northern billionaire allegedly involved

A statement by CBN’s Director of Communications, Isa Abdulmumin, said the report alleged that Emefiele is plotting with a billionaire retired general from the north and have allegedly funded the Labour Party governorship candidate in Lagos, Gbadebo Rhodes-Vivour, to enable him to defeat the incumbent governor, Babajide Sanwo-Olu in the forthcoming election on March 18, 2023.

Read also

Lagos 2023 guber: Emefiele plotting with Rhodes-Vivour to unseat Sanwo-Olu? CBN spills

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The statement further said Emefiele has never met or even spoken with Rhodes Vivour.

The statement reads:

“The attention of the Central Bank of Nigeria (CBN) has been drawn to a story alleging that the Governor, Mr Godwin Emefiele has launched a ‘fresh plot against President-elect’. The aforementioned story went further to allege that the Governor has made a certain amount of money available to a political aspirant ahead of March 18, 2023, gubernatorial poll,” Abdulmumin said.
“We wish to inform members of the public that this story is entirely false and malicious as the Governor does not know and has never met or even spoken with Mr Gbadebo Rhodes Vivour either in person or through proxy.
“We wish to reiterate that the CBN Governor does not take part in Politics and therefore urge anyone with contrary information to prove the Governor wrong should provide such facts.

Read also

2023 election: Court gives fresh verdict in PDP’s case against Tinubu, Shettima

“As such the Governor and team at the CBN should be allowed to focus on their assigned job to achieve statutory mandates of the Bank.”

Experts predict Tinubu may reverse CBN’s new naira notes policy in his first week in office

Legit.ng reported that Bola Ahmed Tinubu is Nigeria's President-Elect following the pronouncement by Nigeria's Independent Electoral Commission (INEC) on Wednesday, March 1, 2023.

Tinubu reportedly scored the majority votes and met the 25% constitutional requirement to be declared the winner of the tightest election in Nigeria's history.

During the heated campaign season, the Nigerian government, via the Central Bank of Nigeria (CBN), embarked on a cashless policy aimed at reining in cash outside the banking system in Nigeria.

Source: Legit.ng

Authors:
Pascal Oparada avatar

Pascal Oparada (Business editor) For over a decade, Pascal Oparada has reported on tech, energy, stocks, investment, and the economy. He has worked in many media organizations such as Daily Independent, TheNiche newspaper, and the Nigerian Xpress. He is a 2018 PwC Media Excellence Award winner. Email:pascal.oparada@corp.legit.ng