Senate confirms Cardoso, 11 others as MPC members

Senate confirms Cardoso, 11 others as MPC members

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardodso, and 11 other nominees of President Bola Ahmed Tinubu have beene confirmed as members of the Monetary Policy Committee of the apex bank by the Senate.

Cardoso was confirmedon Thursday as the chairman of the MPC, the highest policy making committee of the apex bank.

Other members of the MPC confirmed by the Senate are Muhammad Sani Abdullahi, CBN deputy governor), Bala M. Bello (CBN deputy governor), Emem Usoro (CBN deputy governor), Philip Ikeazor (CBN deputy governor), Lamido Yuguda, (DG Securities and Exchange Commission), Jafiya Lydia Shehu, (Permanent Secretary, Ministry of Finance), Murtala Sabo Sagagi (CBN director) Alloycius Uche Ordu, Aku Pullen Odukemelu, Mustapha Akinwunmi and Bamidele A.G. Amoo.”

President Tinubu in a letter to the Senate Senate on Wednesday, February 14th sought the confirmation of the nominees, ahead of the MPC meeting next week.

The confirmation of the nominees by the Senate followed its consideration and approval of the report of its Committee on Finance, Banking, Insurance and Other Financial Institutions led by Senator Tokunbo Abiru on the screening of the nominees.

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardodso, and 11 other nominees of President Bola Ahmed Tinubu have beene confirmed as members of the Monetary Policy Committee of the apex bank by the Senate.

Cardoso was confirmedon Thursday as the chairman of the MPC, the highest policy making committee of the apex bank.

Other members of the MPC confirmed by the Senate are Muhammad Sani Abdullahi, CBN deputy governor), Bala M. Bello (CBN deputy governor), Emem Usoro (CBN deputy governor), Philip Ikeazor (CBN deputy governor), Lamido Yuguda, (DG Securities and Exchange Commission), Jafiya Lydia Shehu, (Permanent Secretary, Ministry of Finance), Murtala Sabo Sagagi (CBN director) Alloycius Uche Ordu, Aku Pullen Odukemelu, Mustapha Akinwunmi and Bamidele A.G. Amoo.”

President Tinubu in a letter to the Senate Senate on Wednesday, February 14th sought the confirmation of the nominees, ahead of the MPC meeting next week.

The confirmation of the nominees by the Senate followed its consideration and approval of the report of its Committee on Finance, Banking, Insurance and Other Financial Institutions led by Senator Tokunbo Abiru on the screening of the nominees.