New naira notes: ‘Fake and malicious news’ —Emefiele denies fresh plot against Tinubu, support for GRV in Lagos


The Governor of the Central Bank of Nigeria, Godwin Emefiele, has debunked allegations of a fresh plot against the president-elect, Bola Tinubu.


There have been rumours that a N500 million budget was mobilised through top CBN agents in Lagos State.

 He was said to be plotting with a “billionaire retired general” from the north and allegedly provided funds to Gbadebo Rhodes-Vivor, the governorship candidate of the Labour Party in Lagos state, to enable him defeat Babajide Sanwo-Olu, the incumbent, in Saturday’s election.

The money was said to be “Oga’s own contribution to the takeover-Lagos-from-Tinubu’s-influence”.

However, in a statement on Monday signed by CBN’s Acting Director, Corporate Communications, Isa Abdulmumin, Emefiele denied that money was given to the gubernatorial candidate of the Labour Party, LP, in Lagos State, Gbadebo Rhodes-Vivour.


“The attention of the Central Bank of Nigeria (CBN) has been drawn to a story alleging that the Governor, Mr Godwin Emefiele has launched a ‘fresh plot against President-elect’. The aforementioned story went further to allege that the Governor has made certain amount of money available to a political aspirant ahead of March 18, 2023 gubernatorial poll,” Abdulmumin said.

“We wish to inform members of the public that this story is completely false and malicious as the Governor does not know and has never met or even spoken with Mr Gbadebo Rhodes Vivour either in person or through proxy,” the statement read in part.


It added, “We wish to reiterate that the CBN Governor does not take part in politics” and called for evidence to prove otherwise.


Click to signup for FREE news updates, latest information and hottest gists everyday

Advertise on to reach thousands of our daily users

No comments

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at