News
Presidency Debunks Rumors of CBN Governor Cardoso’s Resignation
The Presidency has firmly denied recent claims circulating in the media, alleging that President Bola Ahmed Tinubu has instructed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to step down from his position.
The rumours surfaced on various online platforms, which reported that the president had given a directive for Cardoso’s resignation.
In response to these reports, Bayo Onanuga, the Special Adviser to the President on Information and Strategy, took to his verified X account, @aonanuga1956, to address the situation.
He dismissed the claims as entirely false, labelling them as “all lies.” Onanuga urged the public to disregard the misleading information, stressing that there was no truth to the rumours about Cardoso’s resignation.
The presidency’s swift reaction underscores its commitment to curbing the spread of misinformation and ensuring that the public receives accurate updates regarding the actions and decisions of the government.
This response also reflects the ongoing support for Cardoso’s leadership at the CBN, signalling stability in the country’s financial sector.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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