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Emefiele Reportedly Withdraws From 2023 Presidential Race

by Yvonne ONUAH
written by Yvonne ONUAH

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly back-down from his 2023 presidential ambition.

It was alleged that Emefiele has decided to withdraw from the presidential race and has decided to continue as the CBN governor.

“CBN Governor has withdrawn from the presidential race and has communicated his intention to continue as CBN Governor,” a source told Business Day.

Recall that the apex bank chief met with President Buhari at the Presidential Villa on Thursday putting several speculations about his presidential ambition.

In a chat with State House correspondents after the meeting with the President, Emefiele told Nigerians to expect news on his presidential ambition soon.When asked by reporters if he would comply with the president’s directive to resign, he had said:

“There is no news now, but there will be news. You heard me, I said there is no news but there will be news.”The CBN Governor also said he was not worried about the speculations surrounding his purported presidential ambition, adding that he is loving the media attention.Emefiele had said: “Let them have heart attacks; it’s good to have heart attacks; I am having a lot of fun.”

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Politics

Emefiele Heads To Court As Ruling Party Confirms CBN Governor Is A Member Of APC

by Yvonne ONUAH
written by Yvonne ONUAH

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been confirmed to be a member of the ruling All Progressives Congress (APC).

The confirmation was made by the APC Chairman of Ward 6 in the Ika South Local Government Area of Delta State, Nduka Erikpume.

He told The PUNCH on Sunday that the CBN governor had registered as an APC member.When asked whether Emefiele had registered in the APC, Erikpume said, “Yes, he has registered since February 2021. He is our member.”

This is coming after reports emerged revealing that Emefiele has hired the services of renowned constitutional and human rights lawyer, Mike Ozekhome (SAN) to seek the interpretation of the Federal High Court over his involvement in politics whilst still holding the position as CBN governor.

Recall that the CBN had attracted widespread backslash after some groups and associates had purchased the N100 million APC presidential form for him.Following the backlash, Emefiele was forced to deny entering the race to succeed President Muhammadu Buhari in 2023.

In a statement on his Twitter handle on Sunday, the financial expert stated that he is yet to decide on his political ambition, stressing that when he decides to delve into politics he would purchase the form himself with money made from his over ’35 years’ in banking leadership positions.

But according to sources, Emefiele has tasked Ozekhome to seek interpretation of the constitution and public service rules on public servants seeking elective positions while in office.

A top CBN source told The PUNCH that, “Emefiele has just briefed Chief Mike Ozekhome (SAN) as his lawyer. He has just filed a case in court and is coming up tomorrow (today, Monday).”

Although the details of the suit were still sketchy Sunday night, another source in the APC said Ozekhome was taking up the matter “for certain constitutional interpretations.”

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Emefiele Handed CBN Control To Buhari Seven Years Ago – Ezekwesili

by Yvonne ONUAH
written by Yvonne ONUAH

The co-convener of Bring Back Our Girls movement, Oby Ezekwesili on Friday alleged that the Governor of the Central Bank of Nigeria, Godwin Emefiele handed over the control of the apex bank to President Muhammadu Buhari seven years ago.

Ezekwesili made this claim while reacting to Emefiele’s decision to contest the 2023 presidential election under the ruling party (APC).

Emefiele picked the All Progressive Congress N100m presidential nomination and expression of interest form on Friday, which puts to rest the speculations about his running or not.

The former Minister of Education, further stated that the CBN had long-handed its independence to the Villa since APC government took over power in 2015.

Ezekwesili wrote, “If you did not know all along that Nigeria’s serial wrong and ill-advised Monetary Policies of the last 7 years were political because the @cenbank long-handed its independence to the Villa @NGRPresident @MBuhari, at least now you know. They’ve outed themselves. Finally.”

She however called on the CBN governor to resign from office and not destroy the remaining monetary policy reputation of the country.

Ezekwesili added, “The Governor of Central Bank of Nigeria @cenbank must now immediately tender his resignation to stop further destroying whatever little remains of the country’s monetary policy reputation. Mr Emefele should leave immediately- tonight- to pursue his ill-fated political career.”

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