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CBN Gov. Emefiele’s Governorship Ambition suffers setback

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Governor of the Central Bank of Nigeria, Godwin Emefiele is nursing a gubernatorial ambition in his home state of Delta, however there are strong indications that his ambition may be dead on arrival, E-nigeria! reports.

Emefiele who was a former Managing Director of Zenith Bank before his appointment at the apex bank is seriously putting touches to his ambition which is said to be backed by powerful presidential forces like the Attorney-General of the Federation and Minister of Justice, Abubakar Malami.

Findings revealed that Malami advised Emefiele to pursue the governorship ambition so as to be assured of immunity after office. However while it is not yet decided on which political party the troubled CBN governor may run, budget running into billions of naira is now being put together to finance the big political move.

Godwin Emefiele nurse Delta governorship ambition | e-nigeria!

Godwin Emefiele nurse Delta governorship ambition | e-nigeria!

E-nigeria! further gathered that stakeholders are already kicking against Emefiele’s ambition, hinging their decision on his battered personality as CBN governor.

There is a wide belief that Emefiele’s lack of in-depth knowledge of matters concerning the Economy was responsible for plunging Nigeria into recession twice in six years.

Again the Ika South, Delta State born and apostle of Zenith Bank Chairman, Jim Ovia is said to be behind a major dollar racketeering which resulted into a major shake up in the economy till date. On multiple occasions the former bank chief was openly accused of selling dollars to top individuals in government at a ridiculous rate at the expense of Nigerian economy.

Another major reason why 59 year-old Emefiele’s guber ambition is hanging in the balance borders on the event of November 11, 2020, where the CBN under his watch approached a Federal High Court in Abuja asking it to freeze the accounts of 20 #EndSARS campaigners. In the CBN’s claim, the funds in their accounts might have been linked to terrorist activities.

The suit with number FHC/ABJ/CS/1384/2020, filed before Justice A. R. Mohammed, the CBN deliberately failed to mention that the account numbers were owned by persons involved in the #Endsars protest

Things soon turned out differently when on February 10, 2021, a Federal High Court in Abuja ordered the CBN to unfreeze the accounts of 20 individuals linked to the #EndSARS protests.

The judge, Ahmed Mohammed, issued the order unfreezing the accounts after the legal teams of both the CBN and defendants decided to end the case.

Also, on December 4, 2020, Emefiele as well as the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Accountant General of the Federation, Ahmed Idris, were summoned by the House of Representatives over alleged illicit withdrawal of $21 billion from the Nigeria Liquefied and Natural Gas -LNG Dividends Account between 1999 and 2020.

More on this later…

e-NIGERIA! (www.e-nigeriang.com) is Nigeria's independent premium digital newspaper, capturing all society news in Politics, Business, Tech and general breaking news as well as investigative reports. Our obligation is to seek, discover and promote the truth and be fearlessly objective; upholding the core values of Professional Journalism.

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