Business Why Buhari Won't Sack Emefiele as CBN Gov – Expert

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Nigeria - Mr. Opeyemi Agbaje, a Financial expert and strategist, has revealed that President Elect Gen. Muhammadu Buhari will not sack the Central Bank governor, Godwin Emefiele, when his tenure begins in May 2015.

According to Daily Independent, many Nigerians fear that Buhari's emergence as the new president will lead to the removal of the CBN governor, who was appointed last year by President Goodluck Jonathan.

Agbaje, who is the Chief Executive Officer of RTC Advisory Services Limited, said the incoming administration won't sack the CBN governor because it will only effect some structural changes that may fit its plans and aspiration.

He said the CBN will still be the same under Buhari but it may come under some pressure for closer scrutiny from the executive.

“By and large, I do not expect a radical change in banking supervision under Buhari” Agbaje said in an interview on the sidelines of the launch of two books in commemoration of his 50th birthday in Lagos at the weekend.

#Nigeria #Buhari #CBN #Emefiele #Jonathan

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