SSS Arrests CBN Deputy Governor, Kingsley Obiora

According to reports, the secret police are investigating claims of financial impropriety under suspended apex bank governor Godwin Emefiele.

Kingsley Obiora
Adoga Stephen By Adoga Stephen - Editor-In-Chief
2 Min Read

Kingsley Obiora, the deputy governor of the Central Bank of Nigeria (CBN) in charge of economic policy, is purportedly being held by the Department of State Services (DSS).

According to Peoples Gazette, the CBN deputy governor has been detained by the DSS for four nights.

According to reports, the secret police are investigating claims of financial impropriety under suspended apex bank governor Godwin Emefiele.

According to a source acquainted with the arrest, he was targeted as a key witness against his boss.

Another top CBN officer, Abbas Masanawa, was recently arrested and is being kept in custody as officials investigate the extent of Emefiele’s suspected misconduct.

The magazine did not receive an immediate response from the SSS or the CBN over Obiora’s detention, which officials claimed was not wholly unexpected given his knowledge of CBN policy decisions.

Obiora, born March 6, 1976, was an International Monetary Fund policy head who advised former Finance Minister Ngozi Okonjo-Iweala. He also served as an adviser to Emefiele until March 2, 2020, when he was confirmed as one of CBN’s four deputy governors.

Emefiele, who was first appointed as CBN governor in June 2014, has been in SSS since June 10, 2023, a day after President Bola Tinubu controversially removed him from office.

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By Adoga Stephen Editor-In-Chief
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Stephen studied Mass Communication at the Lagos State Polytechnic, Ikorodu (now Lagos State University of Science and Technology), where he acquired requisite training for the practice of journalism. He loves the media, and his interest mostly lies in print medium, where his creative writing skill makes him a perfect fit.