Former CBN Governor Godwin Emefiele Demands N25 Billion in Damages from Senate President Akpabio

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Godwin Emefiele, the immediate-past governor of the Central Bank of Nigeria (CBN), has taken legal action against Senate President Godswill Akpabio.

Emefiele is seeking N25 billion in damages over an alleged defamatory remark made by Akpabio.

Akpabio, on Sunday, claimed that there are numerous allegations against Emefiele, making it challenging for the federal government to specify charges against him. 

Additionally, Akpabio attributed the economic hardship in the country to the policies implemented during Emefiele’s tenure as the CBN governor.

The demand for damages and an apology is outlined in a letter dated February 19, sent by Matthew Burkaa, counsel to Emefiele. 

The letter warned that failure to comply with these demands will result in the former CBN governor seeking “appropriate redress” through legal means.

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