CBN Governor: Senate committee begins Emefiele’s tenure extension screening

The Senate Committee on Banking, Insurance and other Financial Institutions has commenced the screening of Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term.

They commenced the screening at noon on Wednesday.

This is following the mandate given to the committee on Tuesday by the Senate at plenary.

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The committee was given one week to carry out the screening and report back to the Senate.

The committee is chaired by Sen. Rafiu Ibrahim (PDP, Kwara).

Emefiele was appointed as CBN Governor on June 2, 2014 but is due to end his first term on June 2, this year.

President Buhari had last week written to the Senate requesting that Emefiele be confirmed as CBN governor for a second term of five years.

The screening session was ongoing as at the time of filing this report.

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