New CBN Governor Olayemi Cardoso.
President Tinubu has appointed a new CBN Governor.
Newsone reports that President Bola Tinubu on Friday, September 15, 2023, approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) for a term of five years at the first instance, pending his confirmation by the Nigerian Senate.
This online news platform understands that the appointment of the new CBN Governor was disclosed in a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, on Friday.
The statement titled ‘President Tinubu nominates new CBN governor and management team for senate screening and confirmation,’ said “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 Deputy Governors for the Central Bank of Nigeria, subject to confirmation by the Senate of the Federal Republic of Nigeria,” a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, revealed on Friday.
Newsone Nigeria reports that President Tinubu also approved the nomination of four new Deputy Governors of the Central Bank of Nigeria, CBN, for a term of five years at the first instance, pending their confirmation by the Senate.
The new CBN Deputy Governors include Mrs. Emem Usoro, Mr. Muhammad Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.