Categories: Top Stories

Breaking: Buhari receives Emefiele at State House Abuja [PHOTOS]

President Muhammadu Buhari on Thursday met with the embattled Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the State House, Abuja.

CITYNEWS  NIGERIA reports that the meeting is Emefiele’s second meeting with the President since he returned to the country earlier this month.

Advertisement

Earlier on Thursday, the embattled CBN chief was part of a delegation of the Arab Bank for Economic Development led by its Director General (DG), Dr Sidi Ould Tah.

Recall that Emefiele, who went on leave before last Christmas, has been in the news as it emerged that the Department of State Services (DSS) tried to arrest him in December 2022.

Advertisement

His leave expired on Sunday, January 15.

He spent the first part of his leave in the US and was in the United Kingdom (UK) until Sunday evening from where he flew back to Nigeria and arrived at the Nnamdi Azikiwe International Airport, Abuja, on Monday morning.

Advertisement

The DSS had approached a federal high court in Abuja seeking a warrant to arrest him over allegations that he was involved in terrorism financing and economic crimes.

In declining the motion ex parte — usually filed by an applicant in the absence of the respondent — Justice JT Tsoho, the chief judge, said the secret police did not provide any concrete evidence to substantiate its claims.

Advertisement

There were suggestions that the bid to arrest Emefiele might be political given the impact the redesign of the naira and limit on cash withdrawals might have on vote-buying in the 2023 elections.

A group of civil society organisations raised the alarm that there was a plot to frame Emefiele for terrorism and remove him from office.

Advertisement

However, the DSS swiftly warned against anyone being used to “undermine” its investigations, although it did not specifically name Emefiele.

Advertisement
Sola Adeyemo

Recent Posts

Transcorp Group delivers impressive Q1 2024 performance; sustains revenue growth of 173% and PBT of N45 billion

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading, listed conglomerate with investment in the…

3 hours ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 2nd May 2024

What is the Dollar to Naira Exchange rate at the black market also known as…

3 hours ago

Top Nigerian Newspaper Headlines For Today, Thursday, 2nd May, 2024

Good morning Nigeria. Welcome to the CityNews roundup of top newspaper headlines in Nigeria for…

3 hours ago

Kim Kardashian and Odell Beckham Jr. split after 7 months of dating

Kim Kardashian and Odell Beckham Jr have reportedly called it quits.    The reality star, 43, and the…

4 hours ago

Biden to cancel $6 billion in student debt for borrowers misled by The Art Institutes, a former for-profit college group

The Biden administration said Wednesday that it has approved the cancellation of more than $6.1…

4 hours ago

Trump faces prospect of additional sanctions in hush money trial as key witness resumes testimony

NEW YORK (AP) — Donald Trump faces the prospect of additional sanctions in his hush money trial as he…

4 hours ago