The crème de la crème within the Nigeria’s banking and finance trade in addition to Africa’s richest man, Aliko Dangote, gathered on the weekend in a frontal show of wealth at a non-public birthday ceremony in Jamaica organised by the Central Bank of Nigeria’s Governor, Godwin Emefiele.
SaharaReporters learnt that the financial institution executives, who flew personal jets to the South American nation, stormed the occasion to impress Emefiele, who turned 60 final week.
The lavish show of wealth by Emefiele and the bankers is in sharp distinction with the sorry state of the Nigerian financial system reeling underneath greater than $33billion overseas money owed and the unstable banking sector which Emefiele superintends.
“Some big boys and Emefiele were at Montego Bay City, Jamaica, last weekend to celebrate his 60th birthday. They flew there quietly with their private jets. The party was organised and held in secret to keep it away from prying eyes,” a supply acknowledged.
“Those in attendance included the usual suspects; Dangote, Nduka Obaigbena, Herbert Wigwe, Tony Elumelu and Adesola Adeduntan and so on,” the supply added.
President Muhammadu Buhari had final week despatched a congratulatory letter to Emefiele, having celebrated his birthday on August 4.
Emefiele served because the governor of Nigeria’s apex financial institution since June 3, 2014.
In March 2016, Emefiele was appointed first by President Goodluck Jonathan and was reappointed to the place in May 2019 by Buhari, shortly earlier than the expiration of his first tenure.
Under Emefiele, Nigeria has skilled rising inflation, leaping to 17.33 p.c on the finish of February 2021 from 16.47 p.c in January 2021, in line with the governor himself.
The governor had additionally been accused of partaking in underhand dealings and fraudulent practices which continued to frustrate the actions of the financial institution and the nation’s banking sector.
SaharaReporters in 2016 for example obtained an inventory of at the least 91 individuals tied to influential or extremely positioned Nigerians who had been at the moment supplied juicy appointments by the CBN underneath Emefiele.
The listing of beneficiaries of the CBN’s job largesse had included a daughter of former Vice President Abubakar Atiku, a son of Mamman Daura, a nephew of President Buhari and one of many closest members of the president’s inside circle, a son of the then Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, a daughter of former Speaker of the House of Representatives, Ghali Na’aba, additionally daughter of former Inspector General of Police, Solomon Arase, and at the least 86 others.