Tinubu Nominates New CBN Governor, 4 Deputies, Charged them to Implement critical reforms which will enhance the confidence of Nigerians and international partners

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Tinubu Nominates New CBN Governor, 4 Deputies, Charged them to Implement critical reforms which will enhance the confidence of Nigerians

TEC News! 

The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu has appointed Dr Olayemi Micheal Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN) for the next 5 years at first instance. 

This was made known through a press release signed by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on Friday.

The President charged the New Governor and other Four (4) New Deputy Governors also appointed to successfully implement critical reforms, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.

The 4 New Deputy Governors appointed include;

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) Dr. Bala M. Bello

 

Content of the letter below:

 

PRESIDENT TINUBU NOMINATES NEW CBN GOVERNOR AND MANAGEMENT TEAM FOR SENATE SCREENING AND CONFIRMATION

President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.

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 (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.

Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate, as listed below:

(1) Mrs. Emem Nnana Usoro

(2) Mr. Muhammad Sani Abdullahi Dattijo

(3) Mr. Philip Ikeazor

(4) Dr. Bala M. Bello

In line with President Bola Tinubu’s Renewed Hope agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.

Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
September 15, 2023.

 

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