Tony Elumelu, the billionaire businessman and philanthropist, has denied reports that President Bola Ahmed Tinubu is planning to make him the next governor of the Central Bank of Nigeria (CBN).
The reports, which were first circulated on Twitter, claimed that Tinubu was considering Elumelu for the position of CBN governor. However, Elumelu has since dismissed these claims as “false news.”
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In a tweet, Elumelu said, “LOL. No, please. This is false news! 🙏🏾”
Elumelu is the chairman of Heirs Holdings, a pan-African investment firm with interests in banking, energy, and real estate. He is also the founder of the Tony Elumelu Foundation, a non-profit organization that supports entrepreneurship in Africa.
The position of CBN governor is a powerful one, and it is responsible for setting monetary policy and regulating the banking sector in Nigeria. The current CBN governor, Godwin Emefiele, is due to step down in June 2023.
It is unclear who Tinubu is considering for the position of CBN governor. However, the reports about Elumelu have sparked speculation that the president may be looking to appoint a businessman to the role.
Elumelu’s denial of the reports suggests that he is not interested in the position of CBN governor. However, the reports have raised questions about Tinubu’s plans for the CBN and the future of monetary policy in Nigeria.
Originally posted 2023-09-03 00:26:42.
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