Watch the Moment CBN Governor Godwin Emefiele Was Handcuffed, as DSS Confirms His Arrest

DSS Breaks Silence on Suspended CBN Governor as His Whereabouts Remain Unknown

,  Watch the moment CBN Governor Was Handcuffed at Airport. 

Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), has been confirmed to be in the custody of the Department of State Services (DSS) for investigative reasons. This confirmation came after an initial denial, as announced by the DSS Public Relations Officer, Peter Afunanya.”


Read Also DSS Breaks Silence on Suspended CBN Governor as His Whereabouts Remain Unknown


In a statement, Afunanya emphasized the need for caution in reporting and discussing the matter, particularly among the media. The DSS urged the public to exercise utmost care in their narratives regarding the situation.

The initial report by Ejes Gist News Nigeria had highlighted Emefiele’s suspension, which was said to be a result of an ongoing investigation into his office and the planned reforms in the country’s financial sector. The suspension was officially communicated through a statement signed by George Akume, the Secretary to the Government of the Federation.

In light of Emefiele’s suspension, Mr. Folashodun Adebisi Shonubi has been appointed as the acting Governor of the Central Bank of Nigeria by an appointment made by an influential figure, Tinubu



DSS Arrest CBN Governor


The arrest of the suspended CBN governor has brought about a sense of genuine happiness among many Nigerians. This sentiment stems from a combination of factors, primarily related to concerns regarding poor fiscal policy and the controversial redesign of the naira note.



Under the leadership of the suspended governor, the country witnessed what many considered to be detrimental fiscal decisions. These decisions had far-reaching consequences, negatively impacting the Nigerian economy. As a result, citizens faced the burden of economic instability, including inflation, reduced purchasing power, and a general sense of financial insecurity.


Furthermore, the redesign of the naira note under the suspended governor’s tenure also garnered significant criticism. This move was met with widespread public dissatisfaction as it appeared to prioritize aesthetics over practicality and functionality. The ill-conceived redesign and subsequent implementation caused disruption in monetary transactions and posed challenges for businesses and the general public.

Given the gravity of these issues, the arrest of the suspended CBN governor represents a pivotal moment for many Nigerians. It signifies a potential turning point and a glimmer of hope for a more accountable and prudent approach to financial governance. As a result, the public response has been one of real happiness and optimism for a brighter economic future.




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