Senate confirms 4 persons to serve as Board of Directors for CBN.

02/29/2024 8

The Senate on Thursday, approved four nominees out of five from President Bola Tinubu to serve on the Board of Directors of the Central Bank of Nigeria, CBN.
In a report which was submitted to the Chambers by the Committee Chairman on Banking, Insurance, and Other Financial Institutions, Adetokunbo Abiru, representing Lagos East Senatorial District, the nominees were satisfactorily screened.
The lawmaker maintained that their nomination by President Tinubu was in line with Section 6(1)(10)(D) of the CBN Act.
Abiru told his colleagues that there was no petition against any of the nominees, adding that there were no security reports about them by the Department of State Service, DSS or the Nigeria Police and that they had also fulfilled the Code of Conduct Bureau requirements.
Meanwhile, Senator Orji Uzor Kalu representing Abia North Senatorial District disclosed that Kalu Eke who is his constituent excused himself from the nomination for another engagement with the World Bank.

Written by: bossgmsi

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