Again CBN sacks 16 directors

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The Central Bank of Nigeria (CBN) has relieved sixteen directors heading different units of their duties.

According to Premium Times, the disengagement comes in the wake of the implementation of some of the recommendations by Jim Obaze, the special investigator probing the activities of the apex bank under the stewardship of Godwin Emefiele, the embattled ex-governor of the apex bank.

Recall that 200 other employees of the bank were similarly dismissed but received their terminal benefits in full, according to an insider who asked not to be named because of the sensitive nature of the matter.

A source disclosed that the personnel were not accused of wrongdoing but were simply informed that their services were no longer needed.


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Insiders said the directors were sacked following the implementation of the CBN special investigator’s report, which accused a number of the bank’s staff of conniving with Mr Emefiele to allegedly loot the bank.

President Bola Tinubu appointed Mr Obaze last July to investigate the activities of the CBN and other related entities under the leadership of Mr Emefiele.

Below are the sixteen affected directors:

Muhammed Rakiya Shuaibu Information technology 

Aisha Isa-Olatinwo Branch operations/FSS2020 

Mustafa Haruna Bala Financial policy & regulation 

Mahmud Hassan Trade & exchange 

Nwaegberue Chibuike Other financial institutions 

Nnaji Ozoemena Statistics 

Efobi Chibuzo Anthony Payments system management 

Habib Amina Human resources 

Yusuf Phillip Yila Development finance/FSS2020 

Eze Paulinus Chinyere Financial system strategy/FSS2020 

Elizabeth Amos Kwaghe Currency operations/FSS2020 

Chukwurah Maureen Omolola Medical services/FSS2020 

Samuel Chukwuyem Okojere Banking services/FSS2020 

Stanley Arinze A. Procurement and support services/FSS2020 

Omayuku Joseph Gbubemi Governor’s department/FSS2020 

Asiegbu Nkiru Eunice Special duties/FSS2020 


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