News

Tinubu: I didn’t ask Cardoso to resign as CBN Governor

President Bola Tinubu has denied asking the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to resign from his position.

A report had emerged that Tinubu asked Cardoso to resign as the CBN Governor.

The report claimed that the president issued the directive to Cardoso before departing for China, despite efforts by influential Yoruba leaders to keep him in the position.

Reacting, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a post on X on Tuesday, September 17, 2024, described the report as false.

CBN sacks NIRSAL MD, directors

“It’s all lies. President Tinubu has not asked Yemi Cardoso to resign,” Onanuga wrote.

Cardoso has faced criticism for his inability to address the ongoing economic challenges in the country and stabilise the naira.

A seasoned economic and development policy advisor, he was nominated by President Tinubu on September 15, 2023, and assumed office as CBN Governor on September 22, 2023.

Cardoso and his deputies were cleared by the National Assembly days before he took over from acting CBN Governor, Folashodun Shonubi.

The Star

Segun Ojo

Recent Posts

EFCC re-arraigns two suspects, firms over ₦1.07bn fraud in Lagos

Economic and Financial Crimes Commission has re-arraigned two individuals and their companies before the Lagos…

5 hours ago

Port Harcourt, Warri refinery MoU targets sustainable operations — NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the recently signed Memorandum of Understanding (MoU)…

6 hours ago

Kano tops ECOWAS sub-national education spending ranking – Report

Kano State has emerged as the highest-ranked sub-national government in the Economic Community of West…

6 hours ago

IGP raises the alarm over suspects hiding in Osun govt house

Olatunji Disu has disclosed that the police received allegations that some criminal suspects being sought…

7 hours ago

Dating for money is the real scam — Emeka Ike

Veteran Nollywood actor Emeka Ike has said love and marriage are not scams, arguing that…

7 hours ago

Profile: Meet Adeyemi, the face behind Nigeria’s ghost agency

Prince Adeniyi Adeyemi Matthew has emerged as the central figure in the controversy surrounding the…

7 hours ago

This website uses cookies.