Sunday, July 13, 2025
  • Who’sWho Africa AWARDS
  • About Time Africa Magazine
  • Contact Us
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
  • Home
  • Magazine
  • WHO’SWHO AWARDS
  • News
  • World News
    • US
    • UAE
    • Europe
    • UK
    • Israel-Hamas
    • Russia-Ukraine
  • Politics
  • Crime
  • Lifestyle
  • Sports
  • Column
  • Interviews
  • Special Report
No Result
View All Result
Time Africa Magazine
No Result
View All Result
  • Home
  • WHO’SWHO AWARDS
  • News
  • Magazine
  • World News

Home » News » Emefiele unjustly sacked me as MD, Nigerian Security Minting and Printing – Emir of Zazzau, Ahmed Nuhu Bamalli, reveals

Emefiele unjustly sacked me as MD, Nigerian Security Minting and Printing – Emir of Zazzau, Ahmed Nuhu Bamalli, reveals

January 30, 2023
in News
0
541
SHARES
4.5k
VIEWS
Share on FacebookShare on Twitter

Abuja, NIGERIA – The Emir of Zazzau, Ahmed Nuhu Bamalli, has revealed how Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), sacked him as the Managing Director of Nigerian Security Minting and Printing PLC and appointed his in-law as replacement almost as soon as he was appointed CBN governor.

The emir also alleged that all the northerners serving as board members in the organization were removed after Emefiele made it known that he would not work with any of the board members that worked with Sanusi Lamido Sanusi, the former CBN Governor who was removed by former President Goodluck Jonathon.

In a video clip of an interview shared by Albaniy TV, Bamalli, the current Emir of Zazzau, narrated how Emefiele cleared the northern hierarchy of the company.

He said: “Two years ago, that was 2011, 2012 there was a problem and they stopped our M.D, then our board said I should take over as acting Managing Director.

ReadAlso

₦31 Trillion Vanished Into Thin Air – Oshiomhole Slams Buhari’s Fiscal Legacy

CBN speaks on alleged introduction of N5,000, N10,000 banknotes

“I acted for 21 months, then the issue between Jonathan and Sanusi came up at that moment, it was affecting us in the north. We were crippled and could not do some things.

“Sanusi was removed and this new governor took over. After he took over, the day he started attending the board meeting six months after Sanusi left, the day he entered, he started studying the board papers and said he wanted to bring in his own people.

ADVERTISEMENT

“He said he did not want to work with any director that worked with Sanusi, so he retired us. According to him, it’s not because we did anything wrong.”

The Emir further narrated that Emefiele retired them and they were immediately paid their gratuity and all other entitlements to hasten their departure.

“Then they say his in-law should take over from me as substantive Managing Director. At that moment surprisingly, what we went through in the process of examination at NTBU, to become an executive director, you have to first be a managing director.

“This one that they brought in is a divisional manager at Dangote at Calabar but was sacked, from what we gathered. Then he took over from us,” he revealed.

Although the emir did not reveal the name of the person Emefiele appointed, but Joseph Ugboh was the MD of the company until September 2018 when President Muhamnadu Buhari appointed Abbas Madanawa, as new MD.

Meanwhile, Ahmed Nuhu Bamalli CFR had been the Acting Managing Director/Chief Executive Officer and Executive Director of Corporate Services at the Nigerian Security Printing and Minting Plc between 2011 and 2014.

He was also the chairman, Board of Directors, Tawada Limited (a subsidiary of Nigeria security and minting plc) from November 2012 to 2014.

The Emir is a lawyer, banker and diplomat. He was the former Nigerian ambassador to Thailand with concurrent accreditation to Myanmar and the 19th Emir of Zazzau.

Bamalli was appointed on October 2020, to succeed Shehu Idris, who died in September after reigning for 45 years.

Tags: Ahmed Nuhu BamalliCBNCentral Bank of NigeriaGodwin EmefieleNigerian Security Minting and Printing CompanyThe Emir of Zazzau
ADVERTISEMENT
Previous Post

Imminent expulsion from APC awaits Ken Nnamani, other

Next Post

Rishi Sunak branded ‘hopelessly weak’

You MayAlso Like

News

Woman who had one-night-stand with man she met in nightclub is ordered by High Court to pay him £25,000

July 12, 2025
News

NNPC mulls refineries sale after Dangote’s verdict

July 12, 2025
News

NNPC refineries may never work again — Dangote

July 11, 2025
News

Enugu Announces Date for 2026 Tech Festival

July 11, 2025
News

Trump to Discuss Economic Investment With African Leaders at White House Meeting

July 9, 2025
News

Dozens Are Killed as Antigovernment Protests Erupt Across Kenya

July 9, 2025
Next Post

Rishi Sunak branded ‘hopelessly weak’

Stop spreading fake news with my name; go, get your PVC, vote wisely - Nigerian football legend, Nwankwo Kanu

Discussion about this post

Enugu Announces Date for 2026 Tech Festival

The Real Story Behind Campaign to Silence Delta State Polytechnic Rector Emmanuel Achuenu

BRICS summit in Brazil tries to reinvent collective approach to world’s problems

Revealed: Air India pilots’ final words to each other before crash

EXCLUSIVE: China Prison Force Organ Harvesting – “I was injected by doctors and when I woke, part of my liver and lungs had been removed”

Two Former Nigerian Leaders, Abdulsalami, Buhari Sick And Dying In London

  • British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

    1238 shares
    Share 495 Tweet 310
  • Maids trafficked and sold to wealthy Saudis on black market

    1064 shares
    Share 426 Tweet 266
  • Flight Attendant Sees Late Husband On Plane

    968 shares
    Share 387 Tweet 242
  • ‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

    902 shares
    Share 360 Tweet 225
  • Crisis echoes, fears grow in Amechi Awkunanaw in Enugu State

    735 shares
    Share 294 Tweet 184
  • Trending
  • Comments
  • Latest

British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad

April 13, 2023

Maids trafficked and sold to wealthy Saudis on black market

December 27, 2022
Flight Attendant Sees Late Husband On Plane

Flight Attendant Sees Late Husband On Plane

September 22, 2023
‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax

March 21, 2023
Chief Mrs Ebelechukwu, wife of Willie Obiano, former governor of Anambra state

NIGERIA: No, wife of Biafran warlord, Bianca Ojukwu lied – Ebele Obiano:

0

SOUTH AFRICA: TO LEAVE OR NOT TO LEAVE?

0
kelechi iheanacho

TOP SCORER: IHEANACHA

0
Goodluck Ebele Jonathan

WHAT CAN’TBE TAKEN AWAY FROM JONATHAN

0

Revealed: Air India pilots’ final words to each other before crash

July 12, 2025

Woman who had one-night-stand with man she met in nightclub is ordered by High Court to pay him £25,000

July 12, 2025

Two Former Nigerian Leaders, Abdulsalami, Buhari Sick And Dying In London

July 12, 2025

NNPC mulls refineries sale after Dangote’s verdict

July 12, 2025

ABOUT US

Time Africa Magazine

TIME AFRICA MAGAZINE is an African Magazine with a culture of excellence; a magazine without peer. Nearly a third of its readers hold advanced degrees and include novelists, … READ MORE >>

SECTIONS

  • Aviation
  • Column
  • Crime
  • Europe
  • Featured
  • Gallery
  • Health
  • Interviews
  • Israel-Hamas
  • Lifestyle
  • Magazine
  • Middle-East
  • News
  • Politics
  • Press Release
  • Russia-Ukraine
  • Science
  • Special Report
  • Sports
  • TV/Radio
  • UAE
  • UK
  • US
  • World News

Useful Links

  • AllAfrica
  • Channel Africa
  • El Khabar
  • The Guardian
  • Cairo Live
  • Le Republicain
  • Magazine: 9771144975608
  • Subscribe to TIME AFRICA biweekly news magazine

    Enjoy handpicked stories from around African continent,
    delivered anywhere in the world

    Subscribe

    • About Time Africa Magazine
    • Privacy Policy
    • Contact Us
    • WHO’SWHO AWARDS

    © 2025 Time Africa Magazine - All Right Reserved. Time Africa is a trademark of Times Associates, registered in the U.S, & Nigeria. Use of this site constitutes acceptance of our Terms of Service.

    No Result
    View All Result
    • WHO’SWHO AWARDS
    • Politics
    • Column
    • Interviews
    • Gallery
    • Lifestyle
    • Special Report
    • Sports
    • TV/Radio
    • Aviation
    • Health
    • Science
    • World News

    © 2025 Time Africa Magazine - All Right Reserved. Time Africa is a trademark of Times Associates, registered in the U.S, & Nigeria. Use of this site constitutes acceptance of our Terms of Service.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.