Emefiele Visits Buhari Amid Trouble With DSS

January 19, 2023
Emefiele visits Buhari

By Modupe Gbadeyanka

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Thursday visited President Muhammadu Buhari at the Presidential Villa, Abuja.

The embattled apex bank chief, during the visit, held a closed-door meeting with Mr Buhari for about 30 minutes.

However, when he emerged from the meeting, he declined to speak with State House Correspondents about what he discussed with the President.

It was his first public appearance since he resumed duty this week after about a month away from the country to the United States with President Buhari for the US-Africa Summit.

Recently, it was reported that the Department of State Services (DSS), which is under the authority of the President, was making attempts to arrest Mr Emefiele for alleged terrorism financing.

The agency went to two different courts to have him apprehended, but it failed. It was later reported that the DSS was at the headquarters of the CBN to pick him up, but this was denied, unsettling investors.

Many were expecting Mr Buhari to wade into the matter to calm nerves to restore the confidence of investors. This may have been done with this visit.

The CBN Governor incurred the wrath of some powerful persons after he announced the redesigning of the N200, N500, and N1,000 banknotes and introduced new cash withdrawal limits.

This move was believed to have been introduced to curtail vote-buying as the country heads for the polls next month to elect a new President and others.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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