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President Tinubu finally breaks silence on Emefiele's arrest

By David Kabiyesi

President Bola Tinubu has described suspended Central Bank Governor, Godwin Emefiele as a cankerworm that ate deeply into Nigerian financial system during his reign under Buhari’s government.

Speaking in Paris, France on Friday, Tinubu hinted that the country’s financial system was completely “rotten.” under him, adding that the difficulties in the daily flow of forex had enriched a few while majorities of Nigerians suffer in abject poverty.

“Then, the financial system was rotten. Few people were making away with our money and then you yourselves, stopped sending money home to our poor parents.

“That is gone now. The man (Emefiele) is in the hands of authorities; something is being done about that; they will sort themselves out,” he said while addressing Nigerian residents in France,

Recall Emefiele was arrested by the Department of State Services following plans by the former CBN Governor to elope.

 “We have security challenges in the country. Maybe that is how they are fuelling insecurity; we have to look at everything. We will change the financial system; it will work for you.” he said.

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