Senate confirms CBN Governor, 11 others as members of the monetary policy committee.
The Upper Legislative Chamber on Thursday, February 22, 2024 screened and confirmed the nomination of the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso and 11 others as Chairman and Members of the Monetary Policy Committee of the CBN.
Members of the Committee confirmed alongside the Chairman include Muhammad Sani Abdullahi (CBN Deputy Governor), Bala M. Bello (CBN Deputy Governor), Emem Usoro (CBN Deputy Governor), Philip Ikeazor (CBN Deputy Governor), Lamido Yuguda (DG, Securities and Exchange Commission) and Jafiya Lydia Shehu (Permanent Secretary, Ministry of Finance).
Others include; Murtala Sabo (CBN Director), Alloycius Uche Ordu, Aku Pullen Odukemelu, Mustapha Akinwunmi and Bamidele A.G. Amoo.
Recall, the Senate on Wednesday, February 21, 2024 received an Executive Communication from President Ahmed Bola Tinubu forwarding the nomination of the 12 persons for expeditious screening and confirmation by the Red Chamber. The President added that the nomination was in line with the provision of Section 12 of the CBN Act, 2007.