2023 Presidency: Court Takes Decision On Order Restraining CBN From Sacking Emefiele

A Delta State High Court sitting in Kwale, Delta State, has vacated an order restraining the Board of the Central Bank of Nigeria (CBN) from removing Godwin Emefiele as the apex bank Governor over his botched 2023 presidential ambition.

In a ruling on Tuesday, the court ordered that the order of May 5, which restrained the CBN board from relieving him of his duties in the apex bank is hereby deemed vacated and set aside.

Naija News recalls that the presiding judge, Justice DC Maidoh had granted the request of the CBN Governor to contest the 2023 presidency.

In a ruling, the court also granted an order restraining the Board of CBN and the Independent National Electoral Commission (INEC) from halting Emefiele from seeking an elective office.

Justice Maidoh in the judgement secretly delivered had granted the order and adjourned the case to May 25.

However, in a fresh court judgement yesterday, the court set aside the judgement granting Emefiele the permission to contest for the office of the President.

Meanwhile, Emefiele has reportedly jettisoned his 2023 presidential ambition and withdrawn from the presidential race.

It was learned that Emefiele has decided to withdraw from the presidential race and has intended to continue as the apex bank chief.

“CBN Governor has withdrawn from the presidential race and has communicated his intention to continue as CBN Governor,” a source told Business Day.

Emefiele’s final withdrawal from the race came weeks after speculations were rife that he would contest for the 2023 presidency under the All Progressives Congress (APC).

This development follows his meeting with President Muhammadu Buhari on Thursday at the Presidential Villa in Abuja.