Olayemi Cardoso: Tinubu Breached CBN Act to Replace Emefiele – Lawyer, Frank Tietie

Date:

Frank Tietie, the Executive Director of Citizens Advocacy for Social and Economic Rights (CASER), has accused President Bola Tinubu of violating relevant laws in his removal of the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and the appointment of replacements.

On Friday, Tinubu named Dr. Olayemi Michael Cardoso as the new CBN Governor, pending Senate approval. Tietie alleged that there’s no concrete evidence to suggest that President Tinubu sought Senate approval, as required by the CBN Act.

Emefiele was suspended by Tinubu in June for a thorough investigation into his tenure. Almost two months later, on another Friday, Cardoso was nominated as the new governor. Four individuals were also nominated as deputy governors of the CBN.

Tietie described this as a constitutional error, asserting that it’s illegal under the CBN Act. He emphasized that the President must seek and obtain two-thirds Senate approval for such removals and appointments.

While recognizing President Tinubu’s constitutional powers, Tietie called for respect for the rule of law to preserve democratic principles in the country.

Tietie cited a Court of Appeal case and stressed the importance of adhering to statutory procedures. He noted that Nigeria operates a Presidential-Federalist system and emphasized that neglecting the law has negative effects on constitutional democracy.

He called upon the National Assembly to uphold democracy and separation of powers by requiring strict compliance with laws mandating Senate approval for such matters.

In conclusion, Tietie highlighted the importance of the National Assembly’s role in checks and balances to avoid executive tyranny and promote the rule of law and stability in Nigeria.

📌 Editor’s Note: For content partnerships and collaborations, reach out via editor@naija247news.com

Our Standards: The Naija247news Principles
Naija247news Media Group LLC is committed to ethical, independent journalism that serves the public interest. Our editorial process prioritizes accuracy, fairness, and transparency in reporting. All content is fact-checked and held to the highest standards of integrity. Learn more in our full editorial policy here.

© 2025 Naija247news Media Group LLC. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten, or redistributed in whole or in part without prior express written permission from Naija247news Media Group LLC.

Reporting by David Okoroafor, News Writer in Lagos, Nigeria.

David Okoroafor, News Writer
David Okoroafor, News Writerhttp://naija247news.com
David Okoroafor Foreign Affairs Editor, Naija247news Media Group David Okafor is the Foreign Affairs Editor at Naija247news Media Group, with over five years of experience in international journalism. He excels in delivering insightful and impactful coverage of global politics and economic trends. Holding a degree in International Relations, David is known for his investigative skills and editorial leadership. His work ensures Naija247news provides accurate and comprehensive analysis of world events, earning him respect in the media industry.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Abuja Land Dispute: FCT Officials Claim Armed Soldiers Threatened to Shoot Them

13, November 2025/Naija 247news Abuja, Nigeria – Tension gripped the...

Okpebholo Removes Two Traditional Rulers Over Alleged Illegal Installation

13, November 2025/Naija 247news In a bold move to uphold...

Economist Dr. Paul Alaje Urges Ban on Foreign Currency in Political Campaigns Ahead of 2027 Elections

13, November 2025/Naija 247news Economist and Senior Partner at SPM...

FCCPC Gives Digital Lenders Deadline to Comply with Consumer Protection Rules by January

13, November 2025/Naija 247news The Federal Competition and Consumer Protection...
×
Get The News Corporate Media Wont Tell You
Track Latest Business, Financial & Economic News From Nigeria