Godwin Emefiele Affrims Buhari’s Approval for Naira Redesign
In response to the recent special investigator’s report scrutinizing his tenure at the Central Bank of Nigeria (CBN), former CBN governor Godwin Emefiele has vehemently denied allegations and clarified that the Naira redesign program had received approval from former President Muhammadu Buhari.
The special investigator, Jim Obazee, appointed by President Bola Tinubu in July 2023 to probe CBN affairs, alleged that there was no presidential approval for the Naira redesign program. Emefiele dismissed the report, labeling its contents as false, misleading, and intended to tarnish his character while serving the private investigator’s selfish interests.
Emefiele, fighting back against the accusations, stated, “I need to address some of the issues raised in the publication, which are barefaced lies told by the investigator in order to achieve his satanic agenda.”
He further clarified, “It was reported that contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign. I wish to state unequivocally that there was indeed a presidential approval.”
Emefiele pointed out that former President Buhari had openly affirmed his authorization and approval of the Naira redesign on multiple occasions. Expressing confusion over the discrepancy, Emefiele questioned why Jim Obazee would mislead Nigerians by claiming there was no presidential approval.
The controversy surrounding the Naira redesign approval adds another layer to the ongoing scrutiny of Emefiele’s tenure, and the conflicting statements between the former CBN governor and the special investigator contribute to the unfolding drama.
As the situation develops, stakeholders and the public await further revelations and clarifications regarding the allegations and counterclaims, shedding light on the intricacies of CBN operations during Emefiele’s controversial tenure. Stay tuned for updates on this evolving story.
