President Bola Tinubu has given his approval for the nomination of Dr. Olayemi Cardoso to assume the position of Governor at the Central Bank of Nigeria (CBN) for an initial term of five years.....KINDLY READ THE FULL STORY HERE▶
This announcement is detailed in a statement released by Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity….CONTINUE READING
Ngelale mentioned that this appointment would be subject to confirmation by the Senate and was made in accordance with Section 8 (1) of the CBN Act, 2007.
This section grants the President of the Federal Republic of Nigeria the authority to appoint the CBN Governor and four Deputy Governors.
In addition to Dr. Cardoso’s nomination, President Tinubu also approved the nominations of Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello to serve as Deputy Governors at the CBN for a five-year term. These appointments are also contingent upon Senate confirmation.
President Tinubu urged the nominees to implement essential reforms at the central bank to instill confidence among Nigerians and international partners in the process of economic restructuring.
