Buhari Orders Emefiele To Resign As CBN Governor

has ordered the governor of the central bank to resign over his intention to run for the country’s president in the 2023 general election.

Buhari Orders Emefiele To Resign As CBN Governor

The president’s directive came via a circular on Thursday that asked multiple categories of public officeholders seeking different elective positions next year to resign now and concentrate on their endeavours, according to a statement issued by the cabinet secretary Boss Mustapha.

Mustapha said ministers, heads of extra ministerial departments, and political officeholders, amongst other categories, have been asked to step down before May 16. Emefiele as the head of CBN is captured in the circular.

Following the directive given by the president, several ministers and political officeholders eyeing primaries later this month have already resigned from over the past 24 hours, and many more are expected to stand down before the end of the week.

Emefiele has rejected calls to step down and protect the independence and impartiality of the central bank, but he rejected the calls despite actively seeking the presidential nomination of the ruling Congress.

The CBN boss had filed a asking a federal judge to declare him suitable to run for president while serving as CBN governor.

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