CBN Stopped From Keeping Sensitive Electoral Materials, Here’s Why

3 years ago
1 min read

The Central Bank of Nigeria (CBN) will no longer store sensitive electoral materials, due to the apex bank governor, Godwin Emefiele, unconventional political ambition for the 2023 Presidential election.

His presidential aspiration has now forced Independent National Electoral Commission (INEC) to seek an alternative storage house, as Emefiele became partisan, seeking political office under the All Progressive Congress (APC).

Join our WhatsApp Channel

He became the first CBN governor to vie for a political office, an action that resulted to criticism from Nigerians and political parties in Nigeria, due to Emefiele’s access to the materials as CBN governor.

Emefiele had taken INEC to court to contest the restriction that prevents him from partaking in the 2023 election, but later withdrew the lawsuit, and abandoned his ambition.

However, despite withdrawing from the race, Chairman of INEC, Mahmood Yakubu, said the electoral body will suspend routing sensitive materials to CBN, starting with the Ekiti State Governorship election.

READ ALSO: Nigerians Working For Tesla Risk Losing Jobs, As Elon Musk’s Set To Sack Over 9,000 Workers

Yakubu disclosed this at an election dialogue, ‘The Electorate’, held at Abuja, and organised by political advocate group, Enough Is Enough (EiE), on Saturday. He had previously hinted of the decision to move the materials in May, during a media briefing.

This is to ensure the sensitive electoral materials are not compromised ahead of the general elections next year, which will see Peter Obi, Atiku Abubakar, amongst others, contesting for the Presidential seat.

“But we are already started talking about what alternatives are available to us in case we need to change the arrangement for the handling of sensitive materials. We have started thinking about it. We are aware of the situation. We will watch the situation. We still have 9 months before the next general elections.

“Things may be addressed before then. I want to assure you that we will not jeopardize the conduct of the election by creating a misconception around the situation in the process.” Yakubu had stated at the media consultation.

content

+ posts

Latest from Latest News

NCDMB Again Refutes Allegations Of Financial Misconduct

NCDMB Again Refutes Allegations Of Financial Misconduct

The Nigerian Content Development and Monitoring Board (NCDMB) has dismissed allegations of financial impropriety leveled against it by the Coalition of Civil Society for Good Governance (CCGG), describing it as “patently false.”

Don't Miss

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

CBN And Economy: Policy Options And Projections

Central banks are at the heart of the