As You Can See, I Am Still Doing My Job, CBN Governor Reacts To Sack Rumour
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As You Can See, I Am Still Doing My Job – CBN Governor Reacts To Sack Rumour

Mojeed Oladipupo



The Governor of the Central Bank of Nigeria, Godwin Emefiele, has reacted to reports that he has been removed from office.

Speaking in Abuja on Tuesday, Emefiele described the reports which made the rounds on some online platforms on Monday as concerning.

“I am confused and concerned about some stories going around. At least you can see me; I am doing my work, my tenure expires in June,” the CBN Governor said.

He also promised that the apex bank will provide financial support for cotton producers at single-digit interest rates.

As part of efforts to encourage the development of Nigeria’s textile industry, the CBN boss also announced foreign exchange restrictions on importers of textile materials with immediate effect.

Emefiele was appointed as CBN governor in June 2014 by Goodluck Jonathan. Prior to his appointment, he was the Group Managing Director and Chief Executive Officer of Zenith Bank Plc.

On Monday, reports emerged that the Federal Government had asked him to proceed on leave, more than two months before the expiration of his five-year tenure.

While dismissing the reports, Emefiele is optimistic that the intervention programmes of Central Bank would continue with or without him.

“The intervention programmes of the Central Bank of Nigeria has been on since 1978 and it has moved from one governor to another governor and I am very optimistic that even if another governor comes, no right-thinking person would abandon an initiative that is laudable and is meant to create jobs and is meant for the good of our country.”

Mojeed is a thoroughbred and detailed photojournalist and media analyst. He is a graduate of Mass Communications from Lagos State University, LASU

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