Senate Screens New CBN Gov, Deputies Tuesday

Barring last-minute change of plan, the Senate will on Tuesday, September 26, 2023 screen a former chairman of the Board of Citi Bank Nigeria, Dr. Olayemi Michael Cardoso, for the position of the Governor of the Central Bank of Nigeria (CBN).

The Senate will also screen four nominees for the positions of CBN Deputy Governors, who will join Cardoso as the Management Team to steer the affairs of the apex bank in the next five years.

According to a statement issued by the Media Office of the Senate Leader, Senator Michael Opeyemi Bamidele, on Monday evening, the Senate will screen all the nominees following its resumption from its annual recess on Tuesday.

“The Senate of the Federal Republic of Nigeria will resume plenary on Tuesday, September 26. We will consider the screening of Dr. Cardoso at the Committee of the whole.

“Dr. Cardoso will be screened alongside four deputy governors namely Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.

“Besides, the Senate has scheduled to screen the ministerial nominees – Dr. Jamila Bio Ibrahim and Mr. Ayodele Olawande, respectively designated as Minister of Youth and Minister of State for Youth on October 3.”

LEADERSHIP reports that President Tinubu had September 15 approved the nomination of Cardoso to serve as the new Governor of the CBN.

He also approved the nominations of four deputy governors for a term of five years each at the first instance, pending their confirmation by the Senate.