Advancement Bureau

DSS Arrests Emefiele

Quote

According to an announcement posted on the Department of State Services' Twitter account on Saturday, June 10, 2023, the organization has disclosed that Godwin Emefiele, the former Governor of the Central Bank of Nigeria who was suspended from his position by President Bola Ahmed Tinubu, is now in their custody. Emefiele had been instructed to relinquish his responsibilities to Adebisi Shonubi, the Deputy Governor (Operations Directorate), who was appointed to serve as the acting CBN governor following his suspension.

However, the appointment of Shonubi as the acting governor suggests that the CBN will continue to function normally in the interim.

This development has sparked widespread speculation and concern among Nigerians, who are eager for more information about the reasons behind Emefiele's detention and its potential implications for the country's economic stability.