Godwin Emefiele has destroyed Nigeria’s financial system.
President Bola Ahmed Tinubu Addresses Suspended CBN Governor, Emefiele, at Global Financing Pact Summit
In a notable moment at the New Global Financing Pact Summit held in Paris, President Bola Ahmed Tinubu has finally broken his silence regarding the suspended Governor of the Central Bank of Nigeria (CBN), Emefiele. Speaking during an interactive session with Nigerians residing in France and neighboring European countries, President Tinubu expressed his concerns about the nation’s financial system, which he described as “rotten” under Emefiele’s leadership.
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President Tinubu highlighted the difficulties faced by Nigerians abroad in sending money to their relatives, primarily due to the complex multiple exchange rates that plagued the financial system. However, he reassured the audience that such challenges are now a thing of the past. With Emefiele’s suspension, President Tinubu believes that positive changes are underway to rectify the situation, asserting that the authorities are taking appropriate action.
“The man is in the hands of authorities, something is being done about that, they will sort themselves out,” President Tinubu affirmed, hinting at the ongoing investigations into the matter. While he did not provide specific details regarding the measures being taken, his statement conveyed optimism that the issues within the financial system would be addressed and resolved.
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President Tinubu’s remarks come at a time of heightened concern over Nigeria’s economic stability and the need for reforms to ensure a transparent and efficient financial system. As a prominent figure in Nigerian politics and a potential candidate in the upcoming presidential elections, his views carry weight and capture the attention of both the Nigerian public and the international community.
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As the situation surrounding Emefiele’s suspension unfolds, Nigerians eagerly await further developments and the actions that will be taken to restore confidence in the nation’s financial institutions.