Senate Confirms Emefiele, Says He Has Performed Creditably

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CBN Governor, Mr. Godwin Emefiele

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Deji Elumoye in Abuja and Obinna Chima in Lagos

Saying he performed creditably in his first term, the Senate Thursday confirmed the reappointment of Mr. Godwin Emefiele as governor of Central Bank of Nigeria (CBN) for a second and final term of five years.

Emefiele’s confirmation was sequel to the presentation of the report of the Senator Adebayo Ibrahim-led Senate Committee on Banks, Insurance and other Financial Institutions that screened him on Wednesday.

President Muhammadu Buhari had on May 8 submitted the name of Emefiele to the Senate for the renewal of his second and last five-year tenure as CBN governor.

The Senate at plenary on Tuesday referred the president’s letter to the banking committee for further legislative action.
The committee thereafter screened Emefiele on Wednesday and recommended him for re-appointment as CBN governor.
Presenting the…



Source: Thisday Newspaper