Court rules on Emefiele’s case today, Thursday, 13th July 2023. The fate of the basic human rights lawsuit Godwin Emefiele filed to contest his arrest and imprisonment by the Department of State Services will be decided today. He is the detained suspended governor of the Central Bank of Nigeria. Recall that the DSS detained the governor of the top bank on June 10 just after President Bola Tinubu had removed him from office and commissioned an investigation into the CBN.
Court Rules on Emefiele’s Case Today. Photo Credit: @godwiniemefiele Emefiele claims that his human rights have been violated in the lawsuit he filed before the Federal Capital Territory High Court in Abuja through his attorney, Joseph Daudu (SAN). The action names the Attorney General of the Federation, the Director General of the DSS, and the DSS as respondents. You can also check out: Why Tinubu suspended CBN governor, Godwin Emefiele Why Emefiele should not be granted bail ― DSS tells court Godwin Emefiele Bio: Early Life, Career, Wife and Net Worth In preliminary objections, they have questioned the court’s authority to hear their case and requested that it be dismissed. The DSS informed Justice Hamza Muazu at the June 20 sitting in the case that Emefiele’s detention was legal because the DSS had obtained an order from an FCT Chief Magistrates’Court to hold him in custody pending completion of the investigation. AGF’s attorney, Tijjani Ghazali (SAN), urged the court not to get involved, saying that Emefiele’s arrest and incarceration by the DSS were administrative decisions made by the executive branch of government. Emefiele’s attorney, Daudu, dissented from them and insisted that the case had validity.
The suspended CBN Gov, Godwin Emefiele According to the statement obtained by GistReel, the suspension is sequel to the ongoing investigation of the CBN boss’s office and the planned reforms in the financial sector of the economy. “Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the CBN Governor, pending the conclusion of investigation and the reforms,” he said Reacting to this, Dr Muda Yusuf, Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), says the suspension of Mr Godwin Emefiele as the CBN Governor is not a surprise. Yusuf told NAN in Lagos that the suspension showed that “President Bola Tinubu’s administration is at variance with the policy disposition of the CBN under Emefiele. “The monetary and foreign exchange policy thrusts of President Tinubu’s administration is at variance with the policy disposition of the CBN under Emefiele. “President Tinubu was very clear in his inaugural speech about his resentment of some current CBN policies such as the multiple exchange rate and the Naira redesign policy. According to Yusuf, it is therefore logical that the CBN governor be advised to proceed on suspension. 
Dr Muda Yusuf, Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE) Also reacting is a financial expert, Prof. Uche Uwaleke, who said the suspension of Mr Godwin Emefiele was long foretold. Uwaleke, a Professor of Finance and Capital Market at the Nasarawa State University, Keffi, said this on Friday in Abuja. He said, “Recall that Mr Sanusi Lamido Sanusi was equally suspended from office by the Jonathan administration. “This suspension will mark an end to a turbulent era.” Uwaleke further said that Emefiele would be remembered for implementing big ideas such as the Anchor Borrower Programme, the RT200, the eNaira and a raft of interventions which helped to stimulate the economy during periods of economic recession. 
