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Ex CBN Governor, Godwin Emefiele Granted N20M Bail

Federal High Court sitting in Lagos granted Emefiele bail in the sum of N20 million and a surety in like sum.

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Emefiele

A bail has been granted to the former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. 

On Tuesday, a Federal High Court sitting in Lagos granted Emefiele bail in the sum of N20 million and a surety in like sum.

News About Nigeria recalls that the former CBN governor, right after he was suspended by the president, Bola Ahmed Tinubu, was charged to court for the illegal possession of firearms by the security agency, the Department of State Service, DSS.

Joseph Daudu, Emefiele’s lawyer, had, after his client pleaded not guilty to a two-count charge, applied for his bail, noting that the offense for which Emefiele was charged is bailable.

He arrived at court around 9:23 am in a white Toyota Hilux pick-up van, with the plate number covered.

Upon his arrival, Emefiele stepped out of the van and was assisted by a female before Justice Nicolas Oweibo.

Godwin Ifeanyi Emefiele CFR, born 4 August 1961 is a Nigerian politician, economist and banker who served as governor of the Central Bank of Nigeria from 4 June 2014 until his suspension by President Bola Tinubu, on 9 June 2023.

In his early career, Emefiele lectured finance and insurance at the University of Nigeria Nsukka, and the University of Port Harcourt, respectively. He also had a short stint working for Vodafone.

Before moving to the Central Bank, Godwin Emefiele gained over 18 years of banking experience working at different banks. He served as CEO and group managing director of Zenith Bank Plc. He served as deputy managing director of Zenith Bank Plc.

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