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Presidency reacts to Emefiele’s alleged overseas study leave ahead of Tinubu’s swearing-in

The financial sector was Friday gripped by confusion following a social media report that President Muhammadu Buhari had granted Central Bank of Nigeria (CBN) Governor, Godwin Emefiele study leave.


Sahara Reporters had claimed in a report that the ‘study leave’ was to provide an opportunity for Emefiele to flee the country before the May 29 assumption of office by President-elect Bola Tinubu.


But the Presidency and CBN sources denied any study leave approval.


Responding to queries on the topic, Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a short message said: “If the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted study leave, supposedly, by President Muhammadu Buhari, this is unknown to us.


“It is also unknown to the President’s Secretariat, headed by the Chief of Staff.”


A CBN source that was also contacted on the matter issued a similar denial.


However,another Presidency source informed The Nation that there was an application from Mr.Emefiele seeking approval for study leave overseas.


But the source was unsure if the President gave approval.


“I heard the CBN Governor applied to the President for study leave, but I don’t know if the President has granted the application,” the source said.


People familiar with the CBN Governor’s work environment told The Nation that he had confided in some of his aides that he intends to serve out his second term as the apex bank’s chief.


Emefiele was in Lagos on Tuesday for the third biannual non-oil export summit in Lagos with the theme: “RT200: Challenges and Prospects to Success” during which he tipped the non-oil sector as critical for Nigeria’s economic growth.

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