Senate kickstarts approval of Buhari’s appointees into CBN’s non-executive board

Senate kickstarts approval of Buhari’s appointees into CBN’s non-executive board

Approval of appointees of president Muhammadu Buhari into non-executive board of the Central Bank of Nigeria (CBN) by the Nigerian Senate will wait for two weeks after the Senate referred the matter to its Committee on Finance on Wednesday, May 23.

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Senate Majority Leader, Ahmed Lawan moved the motion that the nomination be referred to appropriate committee for further legislative action, and it was seconded by Minority Leader, Godswill Akpabio.

Confirmation of non-Executive Director of the Board of Central Bank of Nigeria by the senate is in accordance with Sections 6 (1) (d) and 10 (1) and (2) of the Central Bank of Nigeria (Establishment) Act, 2007.

President Buhari had last month appointed six persons from each geo-political zone of the country into the board.

They are Prof. Ummu Ahmed Jalingo – North East; Prof. Justinah Odinakachukwu Nnabuko – South East; Prof. Mike I. Obadan – South South; Dr. Abdu Abubakar – North West and Adeola Adetunji – South West.

The Senate referred the confirmation to its Committee on Bank and asked the committee to report back in two weeks.

Senate kickstarts approval of Buhari’s appointees into CBN’s non-executive board

Senate kickstarts approval of Buhari’s appointees into CBN’s non-executive board

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