New Nigeria central bank governor takes post; to keep low profile after predecessor suspended

Published January 08, 2015

Experts say Nigeria's new central bank governor will keep a low public profile as he takes over the country's Central Bank following the end of the suspended governor's term.

President Goodluck Jonathan had suspended Lamido Sanusi in February after Sanusi accused the state-run Nigerian National Petroleum Corp. of withholding $20 billion from state coffers. Sanusi was providing evidence to a parliamentary committee when Jonathan suspended him over accusations of financial recklessness.

Governor Godwin Emefiele takes over Tuesday. The Africa director at Eurasia group says Emefiele will keep a low public profile, but will retain his predecessor's core policy leanings.

Emefiele, the former managing director of Zenith Bank Plc, comes from a long career in banking, like his predecessor.

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