THE Central Bank of Nigeria (CBN) erupted in jubilation following the ‘sacking’ of Deputy Governor, Operations Directorate, Bala Mohammed Bello, just two and a half years after his appointment on October 5, 2023.
An investigation by Pinnacle Daily revealed that former staff and insiders described his dismissal as long overdue, citing years of alleged misconduct, controversial redeployments, and staff grievances during his tenure.
President Bola Tinubu, in a statement from his Special Adviser on Information and Strategy, Bayo Onanuga, has nominated former Securities and Exchange Commission Director-General Lamido Yuguda as Bello’s replacement, pending Senate confirmation.
Meanwhile, Bello has been appointed Special Adviser to the President on Political Economy, a move believed to both preserve political alliances and pacify northern discontent following recent appointments. See More/Read Original