Politics

President Tinubu Nominate Cardoso As New CBN Governor

 

President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.

This directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.

Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate, as listed below:

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) Dr. Bala M. Bello

In line with President Bola Tinubu’s Renewed Hope agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.

 

 

0 0 votes
Article Rating
towncrierng

Recent Posts

RIVERS PDP TURNS WIKE LOYALISTS TO SECURITY GUARDS, PLANS DISCIPLINARY COMMITTEE

By Memoye Oghu The acting chairman of the Peoples Democratic Party (PDP) in Rivers state,…

2 months ago

Fake News! No presidential order to reinstate Obasa

  Claims that President Bola Tinubu has ordered the reinstatement of former Lagos State House…

2 months ago

Comptroller Babandede Charges Newly Promoted Officers On Greater Service and Competence

  The Customs Controller, Area 2 Command, Onne, Comptroller Muhammad Babandede has charged newly promoted…

2 months ago

Activist slams Obasa: Warns against provoking Lagos unrest

    Dr. Wale Ajewunmi, a prominent civil and political rights activist, has urged former…

2 months ago

Lagos Assembly fires back: Obasa’s impeachment stands

  The Lagos State House of Assembly has firmly responded to former Speaker Mudashiru Obasa’s…

2 months ago

Rivers: Supreme Court Fixes February 10 To Hear Five Cases

  The Supreme Court, today, fixed February 10, 2025, for the hearing of five separate…

2 months ago