• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 3, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Buhari Defends Emefiele’s ‘Unorthodox’ Policies

by Agency Report
3 years ago
in Business
Emefiele
Share on WhatsAppShare on FacebookShare on XTelegram

President Muhammadu Buhari has expressed a vote of confidence in Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN).

 

Advertisement

 

In an interview with Bloomberg, the President said Emefiele is following an alternative economic model, which Nigeria should be free to adopt.

When asked if he was concerned about the debate around the central bank’s independence following the governor’s interest in running for president, Buhari said “CBN’s board of directors are to determine whether a CBN governor’s actions have fallen foul of the laws.”

The CBN governor is appointed by the President. But this appointment is subject to confirmation by the Nigerian Senate. Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most effectively carry out his duties.

RELATED

Presco Lauds 2024 Staff’s Performance, Explains 2025 Agenda

Presco Grows Pre-tax Profit By 121.8% To N111.9bn

4 hours ago
Nigerian Breweries Records N106bn Net Loss

Nigerian Breweries Records N738.14bn Revenue

4 hours ago

Buhari said, “There is a subtext to the accusations against Emefiele and his involvement in politics, stating that the conventional model has failed in the past.

“Because the Governor follows a model outside of the economic orthodoxy, he is labelled political. But the orthodoxy has proved wrong time and again.”

Buhari stated “Instead, the Governor is following an alternative economic model that puts people at the heart of policy. Nigeria should be free to choose its development model and how to construct our economy, so it functions for Nigerians.”

Upon the expiration of Emefiele’s first term as Governor of the CBN in 2019, there were calls for Emefiele’s sack or voluntary exit. However, Buhari, however, sent Emefiele’s name to the senate for reappointment for another five-year term.

Upon approval, Emefiele became the very first person appointed to serve two terms as CBN governor since the return of Democracy in 1999.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: BuhariGodwin Emefiele
SendShareTweetShare
Previous Post

NANS Lauds Senator Adeola’s ICT empowerment For Graduates

Next Post

Tech4Dev, Microsoft To Train 5000 Youths, Workers In Delta

Agency Report

Agency Report

You May Like

Presco Lauds 2024 Staff’s Performance, Explains 2025 Agenda
Business

Presco Grows Pre-tax Profit By 121.8% To N111.9bn

2025/08/03
Nigerian Breweries Records N106bn Net Loss
Business

Nigerian Breweries Records N738.14bn Revenue

2025/08/03
‘95,000 Women, Children Die Annually From Charcoal Smoke’
Business

Charcoal Trade Threat To Forest Sustainability, Livelihood – FG

2025/08/03
Shippers’ Council Condemns Vandalism, Theft Of Rail Tracks
Business

Shippers’ Council Seeks Abia Govt. Support On Isiala Ngwa Inland Dry Port Revival

2025/08/03
Use Existing Frameworks To Bridge Metering Gap, NERC Tells Distribution Firms
Business

NERC Transfers Regulatory Oversight Of Electricity Market In Nasarawa State To NASERC

2025/08/03
Lawmakers, Marítime Workers Kick Over NPA’s 50% Federation Account Remittances
Business

To Maximise Blue Economy Potential, NPA Assure Investors Of EODB

2025/08/03
Leadership Conference advertisement

LATEST

CDCFIB Extends Recruitment Deadline By 1 Week

Presidency Defends ₦712bn Lagos Airport Renovation

NDLEA Intercepts Cocaine, Tramadol Consignments In Vehicle Side Mirrors

Malaria: Oyo Begins Free Distribution Of 5m Insecticide-treated Nets

Amnesty Int’l Flays Govt’s Silence On Dadiyata’s Disappearance

Ex-Super Eagles Keeper, Peter Rufai, Goes Home August 22

Team Nigeria Praised For Discipline At African School Games

Emulate Super Falcons’ Resilience, Garba Lawal Urges Super Eagles

Zulum, Emeka Offor Donate N2.7bn To UMTH

Flavour Celebrates 15 Years Of Highlife Album That Changed His Game

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.