EMEFIELE EARNED N350 MILLION ANNUALLY AS CBN GOVERNOR

A certified court document has revealed that former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, earned a total annual remuneration of N350 million during his tenure, in addition to receiving N75 million in quarterly reimbursements and over $6 million in estacodes for international travel.

These revelations emerged in the ruling of the Court of Appeal, Lagos Division, which overturned a previous final forfeiture order against a series of properties and assets linked to Emefiele.

The court, in a split decision delivered on April 9, 2025, held that the lower court had not fully evaluated the totality of the evidence presented in the original forfeiture proceedings.