The Acting Central Bank of Nigeria’s Governor, Folashodun Adebisi Shonubi, is not a typical banker. He is an engineer, IT expert, banker. He was named acting CBN governor following the suspension of CBN governor, Godwin Emefiele.
The CBN deputy governor (operations) trained as a mechanical engineer, went into marketing, moved into information technology — and became a central banker.
It was learnt that the decision to suspend Godwin Emefiele, the governor, was taken on Friday afternoon after a number of scenarios, including an outright sack, was contemplated.
However, presidential sources said a sack was considered legally complicated because of the CBN law which empowers only the senate to remove the governor by two-thirds majority.