Politics

Why CBN board nominee rejected offer – Orji Kalu

Why CBN board nominee rejected offer – Orji Kalu

 

A South-East nominee from Abia State, Urom Eke, as a member of the board of directors of the Central Bank of Nigeria (CBN) has turned down the offer.

He was one of the five nominees for CBN board slated for confirmation at the Senate on Thursday.

Orji Uzor Kalu, senator representing Abia north, said Eke told him that he did not appear for screening because it would be a “conflict of interest”.

“He told me that it will be a conflict of interest because he is a consultant at the World Bank,” he said.

The Senate however confirmed four other nominees after South-East representative rejected his nomination.

The nominees were confirmed after Tokunbo Abiru, chairman of the Senate Committee on Banking, presented a report.

The confirmed nominees are Robert Agbede, Ado Yakubu Wanga, Murtala Sagagi, and Olanike Aliyu.

President Bola Tinubu had asked the upper legislative chamber to confirm the nominees.

While presenting his report, Abiru said the fifth nominee did not appear before his committee for screening.

He said the other four nominees met the requirements expected of them.

“Four out five appeared for screening. C was not present for the screening,” the lawmaker said.

“They exhibited understanding and grasp of the economy.

“The appointments are in accordance with the CBN Act. The nominees possessed the expertise to be members of the board of CBN. The nominees were cleared by the security agencies.”

Trends Admin

Recent Posts

CBN fines bank found hoarding cash N150m

CBN fines bank found hoarding cash N150m The Central Bank of Nigeria (CBN) has imposed…

3 hours ago

Lagos-Calabar coastal road: Train track work begins 2025, says minister

Lagos-Calabar coastal road: Train track work begins 2025, says minister The Federal Government plans to…

3 hours ago

Three days to Christmas, food prices, transport fares hit the roof

Three days to Christmas, food prices, transport fares hit the roof According to the Universal Declaration of Human…

4 hours ago

Three Ogun varsity students die in auto crash

Three Ogun varsity students die in auto crash The Police Command in Ogun State has…

4 hours ago

Dangote, MRS agree to sell petrol at N935/litre nationwide

Dangote, MRS agree to sell petrol at N935/litre nationwide Dangote Refinery has announced a partnership with…

4 hours ago

How another Nigerian was allegedly murdered by four South Africans

How another Nigerian was allegedly murdered by four South Africans The Nigerian Citizens Association in South Africa…

4 hours ago