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Nigeria

Senate to confirm CBN deputy govs, MPC members next week

Leke Baiyewu, Abuja

The Senate at the plenary on Wednesday considered President Muhammadu Buhari’s requests for confirmation of those he nominated as deputy governors of the Central Bank of Nigeria and members of the Monetary Policy Committee.

The nominees for the CBN deputy governors are Mrs. Aishah Ahmad and Mr. Edward Adamu.

The nominated members of the MPC are Prof. Adeola Festus Adenikinju, Dr. Aliyu Rafindadi Sanusi, Dr. Robert Chikwendu Asogwa and Dr. Asheikh A. Maidugu.

After the requests were unanimously approved by the lawmakers, President of the Senate, Bukola Saraki, referred their screening process to the Senate Committee on Banking, Insurance and Other Financial Institutions, asking it to report back in one week.

The next MPC meeting, however, holds on Tuesday and Wednesday next week.

The Senate had on Tuesday lifted its embargo on the appointments based on the plea by Chairman of the Committee, Senator Rafiu Ibrahim, who decried that the non-confirmation of the nominees was affecting the economy negatively.

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