If the scoops made available to Freelanews is anything to go by, then the Nigerian president, Muhammadu Buhari, has removed the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele from his job, according to Intel region.

It was revealed that he may have been removed in the early hours of Wednesday May 25.

His removal may not be unconnected to his ambition to succeed Buhari at the end of his tenure in 2023.

While there is nothing wrong with being ambitious with a presidential dream, Emefiele however flouted so many laws by declaring his interest to occupy the highest seat of power as a political appointee and wanted to remain as CBN governor without resigning his position to pursue his ambition.

After a public outcry by well meaning Nigerians, calling for his resignation shortly after a group of some faceless farmers purchased the N100m form of the All Progressives Congress (APC) for him and feigning ignorance of it, Emefiele would later approach a Federal High Court in Abuja to prevent the country’s electoral body Independent National Electoral Commission and the board of CBN rom disqualifying him from running for president.

Having failed to get the court to give judgment in his favour, Emefiele approached a Delta State High Court that eventually granted him his wish.

But in a curious twist, he withdrew the suit he filed against INEC and the Attorney-General of the Federation.

His exact reasons for withdrawing the suit remain unclear, but his counsel however explained that he prayed the court to discontinue the suit and make an order striking it out.

Buhari in response to the expression of interest by his appointees had ordered the resignation of every one of his cabinet members interested in vying for political offices in 2023.

Some of his appointees obeyed the order, many including the Godwin Emefiele failed to resign. Some who put in their resignation letters, withdrew them.

However, as the argument rages on the legality of Nigerian president to sack a CBN governor, many are pointing to the precedent set by the former president of Nigeria, Goodluck Jonathan, when he suspended Sanusi Lamido Sanusi when the latter was governor of the apex bank.

In addition, according to Section 11 of the act guiding Central Bank of Nigeria, the president can remove the governor if he has been found to have compromised. See below.