The Presidency appears to have passed a vote of confidence on the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, following the moves by some members of the House of Representatives to remove him from office.
A Presidency source said, at the weekend, that the Federal Government has confidence in Emefiele to see the country, alongside top government officials in the economic sector, out of recession.
A motion sponsored by Hon. Ali Isa (Balanga/Billiri constituency, Gombe State), titled, “Call for investigation of the Central Bank of Nigeria’s forex policies”, last week, had called for the sack of Emefiele and his team over the fate of the Naira. The call was supported by Hon. Mojeed Alabi, representing Ede North/Ede South/Egbedero/Ejigbo (Osun State) and Hon. Wale Raji, representing Epe (Lagos), among other lawmakers in the House.