President Bola Tinubu has appointed Dr. Olayemi Cardoso as the new Governor of Central Bank of Nigeria, CBN.
The president also appointed four Deputy Governors for the CBN.
Dr. Olayemi Cardoso appointed new CBN governor
They are to serve for a first term of five years.
Their appointments is, however, subject to Senate screening and confirmation.
Special Adviser to the President, Media and Publicity, Chief Ajuri Ngelale, in a statement on Friday, said:
“President Tinubu has approved the nomination of Dr. Olayemi Cardoso to serve as the new Governor of CBN, for a term of five 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 Deputy Governors for the CBN, subject to confirmation by the Senate of the Federal Republic of Nigeria.
“Furthermore, President Tinubu has approved the nomination of four new Deputy Governors of CBN, for a term of five years at the first instance, pending their confirmation by the Nigerian Senate, as listed below:
“Mrs. Emem Usoro, Mr. Muhammad Dattijo, Mr. Philip Ikeazor and Dr. Bala Bello.
“In line with President Tinubu’s Renewed Hope agenda, the President expects the above listed nominees to successfully implement critical reforms at the CBN, 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 statement added.
