CBN Board: Tinubu seeks confirmation of five directors

President of the Senate, Godswill Akpabio, read a letter from President Bola Ahmed Tinubu on the floor on Tuesday, requesting the Red Chamber to confirm the appointment of five individuals as directors of the Board of the Central Bank of Nigeria (CBN).

Tinubu stated that his request was in compliance with the provisions of Section 6(1a) and Section 10(1)(2) of the Central Bank of Nigeria (CBN) Establishment Act 2007. The letter, read by Senator Akpabio, included the following statement:

“I am pleased to present for confirmation by the Senate the appointments of the following five individuals as directors of the board of the CBN: Robert O. Agbide, Ado Yakubu Wanga, Murtala Sagaley, Urom Eke, and Olayinka Aliyu.”

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Akpabio then referred the request to the Committee on Banking, Finance, and other Financial Institutions, under the leadership of Senator Tokunbo Abiru, for further legislative action. The committee was given one week to act on the request.