Nigeria’s suspended central bank Governor Godwin Emefiele has been detained and is being held in custody for investigative reasons, the police’s Department of State Services (DSS) said on Saturday.
Nigeria's Central Bank Governor Godwin Emefiele briefis the media during the MPC meeting in Abuja, Nigeria January 24, 2020. REUTERS/Afolabi SotundeNigeria's Central Bank Governor Godwin Emefiele briefis the media during the MPC meeting in Abuja, Nigeria January 24, 2020. REUTERS/Afolabi Sotunde
Emefiele’s suspension had been expected after he drew sharp criticism during the run-up to the February presidential vote from Tinubu’s camp. “The Department of State Services hereby confirms that Mr Godwin Emefiele, the suspended governor of the Central Bankof Nigeria is now in its custody for some investigative reasons,” the DSS statement said.
Tinubu criticised Emefiele’s handling of the currency and monetary policy at his inauguration last week and called on the central bank to work towards a unified exchange rate.
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