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Confirmed! Godwin Emefiele Confirmed As New Central Bank of Nigeria Governor

The Senate on 26th March confirmed Godwin Emefiele as the new CBN governor to replace Lamido Sanusi.

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Central Bank of Nigeria (CBN) Governor, Godwin Emefiele play

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele

CBN Governor, Godwin Emefiele play

CBN Governor, Godwin Emefiele

(Daily Sun)

After the long Sanusi versus Jonathan's saga, Zenith bank boss Godwin Emefelie has been confirmed as the new CBN governor by the senate. The senate approved the appointment on 26th march after his appearance before lawmakers that was broadcast live on television.

According to Senate President David Mark “Emefiele will ensure the prerequisite responsibilities of the Central Bank governor without fear or favour.”

Godwin Emefelie will be replacing Sanusi who was suspended by President Goodluck Jonathan on February 20, days after he had accused the state oil company of embezzling $20 billion (14.5 billion euros) of public funds.

Sanusi had been respected among international economists and was appluaded for  repairing our crumbling and  corrupt banking sector and stabilising the currency.

Some Nigerians see his suspension as a politically ploy by our leaders on him for trying to expose the corruption in the country. The new governor is not a popular figure.

Would he perform better than Sanusi or is he just another "political figure" chosen by our leaders?

What do you think about the Sanusi saga?

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