Monday, May 20

Comrade Austin commends suspension of CBN Governor, says new chapter in our financial landscape

The CEO Emovworho logistics limited, Comrade Austin obule Emovworho, has commended President Bola Ahmed Tinubu for suspending the Central bank of Nigeria governor, Godwin Emefiele.
Emovworho, who made the commendation speaking with the press in Abuja on Monday, said the suspension is apt, prompt and points to the readiness of this administration to put the people first for the sustainable development of the country.

According to him, the embertled CBN governor is accused of wanton corruption and abuse of office in the dual exchange rate policy of the apex bank.

Consequently, Mr. Shola Shonubi has been appointed as the acting Governor of the apex bank with immediate effect. Prior to this appointment, he was the deputy Governor (operations) with extensive knowledge and experience in the financial sector.

“This appointment marks a significant milestone for our nation’s financial sector, heralding a new chapter filled with promise, progress, and prosperity to fulfil the yearnings and aspirations of the masses who voted for President Bola Ahmed Tinubu.”

“The CBN, as the bedrock of Nigeria’s financial system, plays a pivotal role in ensuring stability, promoting sustainable economic growth, and fostering financial inclusion.

“It is incumbent upon the leadership to drive policies that strike a delicate balance between maintaining price stability, facilitating trade and investment, and stimulating domestic production.

With the appointment of the Acting Governor, I am assured that these responsibilities are entrusted to a capable hand.

“The new Acting Governor brings to the table a wealth of experience, having served in various capacities within the CBN and other key institutions. His impressive track record in policy formulation, risk management, and banking regulation fills us with optimism.

“I believe that his leadership will introduce bold and innovative strategies to tackle emerging challenges, positioning Nigeria as a formidable force in the global financial landscape.

“I call on all well-meaning Nigerians to rally behind the President, while extending its unwavering support and cooperation to the Acting CBN Governor.” he said.

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