Politics

CBN: Senate to screen nominees Tuesday

The Senate will consider former Citi Bank Nigeria Chairman of the Board of Directors Olayemi Cardoso for the position of Governor of the Central Bank of Nigeria (CBN) on Tuesday.

 

The Senate will also consider four nominees for the positions of CBN Deputy Governors, who would work with Cardoso to lead the apex bank’s operations during the next five years.

 

According to Senator Opeyemi Bamidele’s Media Office, the Senate will evaluate all nominees after returning from its yearly recess.

 

“The Senate of the Federal Republic of Nigeria will resume plenary on Tuesday, September 26,” according to the statement. The Committee will consider the screening of Dr. Cardoso.

“Dr. Cardoso will be interviewed alongside four deputy governors, including Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.”

 

“Besides, the Senate has scheduled to screen the ministerial nominees – Dr. Jamila Bio Ibrahim and Mr. Ayodele Olawande, respectively designated as Minister of Youth and Minister of State for Youth on October 3.”

 

On September 15, President Tinubu endorsed Cardoso’s nomination as the new Central Bank of Nigeria (CBN) governor.

 

He also authorized the appointment of four deputy governors for five-year terms, subject to confirmation by the Senate of the Federal Republic of Nigeria.

 

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Rachael Omidiji

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