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Senate : Tinubu Requests Confirmation Of MPC Members

todayFebruary 14, 2024

Background

 

 

President Bola Tinubu has requested the confirmation of the Senate for appointment of a Chairman and Members for the Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC.

Tinubu’s request is contained in a letter addressed to President of the Senate, Godswill Akpabio and read during plenary in Abuja

Tinubu in the letter entitled “Constitution of Monetary Policy Committee for the Central Bank of Nigeria (CBN)” said the request is “In accordance with the provisions
of section 12 of CBN Act 2007.

President Tinubu in the letter listed the 12 persons to include:
Olayemi Cardoso, CBN Governor (Chairman), Muhammad Abdullahi, CBN Deputy Governor (Member), Bala Bello, CBN Deputy Governor (Member), Emem Usoro, CBN Deputy Governor (Member), Philip Ikeazor, CBN Deputy Governor (Member), Lamido Yuguda, Director General, Security and Exchange Commission (SEC) (Member), Ijafiya Lydia Shehu, Permanent Secretary, Federal Ministry of Finance.(Member), Muritala Sabo, CBN Director (Member), Aloysius Uche (Member),Agu Pauline (Member), Mustapha Akinwumi (Member), Bamidele Amon (Member).

In a remark, senator Akpabio referred the request to Committees on Finance, Banking, Insurance and other Financial Institutions for further legislative input and report back in one week.

By James Itodo, Edited By Grace Namiji

Written by: Kevin Nwabueze

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