Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has threatened to sue the President of the Senate, Godswill Akpabio, for defamation of character.

Emefiele is demanding an unreserved written apology, a retraction of statements made by Akpabio, and N25 billion in damages.

The threat of legal action comes after Akpabio, in a recent television interview, accused Emefiele of illegal currency printing and possessing firearms.

Emefiele’s lawyer, Matthew Burkaa SAN, wrote to Akpabio claiming the statements were false and defamatory.

Burkaa stated Emefiele is currently facing charges in court related to his tenure as CBN Governor and that Akpabio’s comments undermine the independence and integrity of the courts.

He added that having served as a Governor, Senator, and Minister, Akpabio should know Emefiele did not enact policies without presidential approval.

The letter states Emefiele suffered embarrassment, pain and damage to his reputation due to Akpabio’s remarks and threatened to take legal action against him.

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