President Goodluck Jonathan has forwarded the names of Godwin Emefiele and Adelabu Adekoya to the Senate for confirmation as Central Bank of Nigeria (CBN) Governor and Deputy Governor, respectively.
The nomination follows the earlier suspension of Mr. Sanusi Lamido Sanusi as the Governor of CBN and subsequent appointment of Dr. Sarah Alade as Acting CBN Governor.
The presidency stated stated that it was deeply concerned about far-reaching irregularities under Mallam Sanusi’s watch which have distracted the Central Bank away from the pursuit and achievement of its statutory mandate.
Information has it that Mr. Sanusi, who is currently outside the country, may seek legal means to fight his sudden removal.
Unconfirmed reports also insinuated that the Federal Government plans to arrest Mr. Sanusi whenever he returns to Nigeria.
Mr. Sanusi is due for retirement as the CBN Governor in June 2014.