The Independent National Electoral Commission (INEC) has reacted to the presidential ambition of the Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

INEC said Emefiele’s ambition will have serious implications for sensitive election materials storage at CBN

After Emefiele’s confirmation of interest in the 2023 general elections, INEC said it would have no option than to review its long-term relationship with the CBN.

Chief Press Secretary to the INEC chairman, Rotimi Oyekanmi, in a statement made available to newsmen, said though INEC has enjoyed a beneficial relationship with the apex bank in the area of storing its sensitive election materials over the years, the move by the CBN governor to contest for the nation’s number one post while still retaining his current position might have implications on the existing partnership. 

Sensitive materials stored with the CBN during elections include ballot papers, results sheets, braille ballot guide for visually-impaired persons, among others. 

“The strategic partnership between the CBN and INEC, which enables the Commission to store its sensitive election materials with the apex bank, has been in place for many years and beneficial in several ways.

“Indeed, there have been various reports that the CBN Governor is nursing the intention of running for the office of president, but, he is yet to formally declare his intention to run as of today.

“However, if and when he eventually does, the Commission will look at the implications and take a decision on what becomes of the long-standing strategic partnership with the CBN,” Oyekanmi said.

It would be recalled that on May 31, 2018, the CBN had in a release by the then Director of Corporate Communications, Isaac Okorafor, announced the disengagement of the Deputy Governor in charge of Operations, Mr. Adebayo Adelabu, with effect from July 15, 2018.

In the release, President Buhari formally accepted Adelabu’s disengagement to pursue his political aspiration to govern Oyo State under the APC.

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