President Muhammadu has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, an unconfirmed report has revealed.

Godwin Emefiele was engulfed in controversies after expressing genuine interest in becoming the next president of Nigeria and does not wish to resign his position before contesting.

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After several outcry by the public, calling for his resignation shortly after purchasing the N100m form of the All Progressives Congress (APC), Emefiele approached a Federal High Court in Abuja to prevent the country’s electoral body INEC from disqualifying him.

President Buhari in a response to the expression of interest by his appointees ordered the resignation of every one of his cabinet members interested in vying for political offices in 2023.

While some of his appointees obeyed the order, many including the Governor of the CBN failed to resign.

On Tuesday, the CBN governor withdrew the suit he filed against the Independent National Electoral Commission (INEC) and the Attorney-General of the Federation over his presidential ambition.

President Muhammadu Buhari has sacked Governor of the Central Bank of Nigeria, Godwin Emefiele. how true is that?

The President however cannot unilaterally sack a CBN Governor, the Senate will have to ratify it. So the question is from where did Buhari get the power to sack Emefiele?

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