Economy Watch

Senate Approves Ahmad, Adamu as CBN Deputy Governors

The Senate has approved the nomination of a Deputy Governor of the Central Bank of Nigeria (CBN) on Financial System Stability, Mrs Aishat Ndanusa Ahmad for reappointment.

The Upper Chamber also cleared a Deputy Governor of Corporate Services of the apex bank, Edward Lametek Adamu, for reappointment.

President Muhammadu Buhari penultimate Tuesday forwarded the names of Ahmad and Adamu for screening and confirmation for reappointment for the second and final terms to the Senate.

Senate President Ahmad Lawan referred the nominations to the Senate Community on Banking, Insurance and Other Financial Institutions for screening.

The confirmation of the two nominees followed the presentation and consideration of the report of the screening exercises by the Senate at plenary.

After the presentation, the Senate approved recommendations urging it to confirm the nominees.

Senators approved that the two nominees be confirmed for reappointment as CBN’s deputy Governors when it was put to voice vote by the Deputy Senate President, Ovie Omo-Agege on the floor.

 

 

 

 

 

 

 

 

 

 

 

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