BREAKING: Tinubu finally speaks on CBN Gov Emefiele's suspension, reveals strong position

President Bola Ahmed Tinubu on Friday, June 23, revealed a fresh position regarding the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

Tinubu spoke during an interactive session with Nigerians resident in France and neighbouring European countries on the sidelines of the New Global Financing Pact Summit in the French capital, Paris.

The president said the nation’s financial system under the suspended Emefiele was rotten, The Nation reported.

Tinubu speaks on Emefiele's suspension, reveals what led to his ordeal

He said many Nigerians abroad were unable to send money to their relatives because of the multiple exchange rates, saying all that have become a thing of the past.

Tinubu speaking on the suspended CBN governor's ordeal, said, “Then the financial system was rotten. Few people making bags of our money and then you yourself, you stopped sending money home to our poor parents. Several windows… but that is gone now, is gone.

“The man is in the hands of authorities, something is being done about that, they will sort themselves out.”