First Bank

Thursday, May 26, 2022

Emefiele’s withdraws from Presidential bid on Buhari’s order, says source


Fresh facts have emerged on why the Governor of the Central Bank of Nigeria, Godwin Emefiele, withdrew from the presidential race.

Sources say Emefiele withdrew the case based on his agreement with the President, Major General Muhammadu Buhari (retd ), that he should continue his job as CBN governor and forget the Presidency.

The source said, “Emefiele instructed his lawyers to discontinue the matter, and the lawyer complied. He had briefed his lawyers to handle the matter, and a lawyer acted on the instruction of his client.

“The lawyers have withdrawn the case, I think based on his agreement with President Muhammadu Buhari to better stay back as Governor of CBN instead of going for the Presidency, I think that’s why.

“When they discontinued it, the party that wanted to join, one Martin Aikpokpo, asked for a dismissal of the case and N1 million cost, which the court rejected.

“Justice Ahmed Mohammed rejected the request; the AGF asked for N1 million cost, which the court also rejected. So what the court did was merely strike out the suit without any order as to cost.”

Punchng

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