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New CBN Gov, deputies face Senate screening today

Credible News by Credible News
September 26, 2023
in Economy, Legal, News, Politics
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The Senate will today, Tuesday, screen the acting Governor of the Central Bank of Nigeria, CBN, Dr Olayemi Cardoso for confirmation alongside four nominees for the positions of CBN Deputy Governors.

They will occupy office for five years, in the first instance, if they scale the hurdles.

The Red Chamber, which is returning from its two-month annual vacation may also screen two additional ministerial nominees of President Bola Tinubu on Tuesday, October 3, 2023.

Recall that the upper chamber adjourned for a six-week annual recess on 17 August after confirmating 45 out of the 48 ministerial nominees of President Bola Tinubu.

A statement from the Media Office of the Senate Leader, Senator Opeyemi Bamidel on Monday reads: “The senate of the Federal Republic of Nigeria will resume plenary on Tuesday, Sept. 26. We will consider the screening of Dr Cardoso at the Committee of the Whole.

“Cardoso will be screened alongside four deputy governors namely Mrs Emem Usoro, Mr Muhammad Dattijo, Mr Philip Ikeazor and Dr Bala Bello.

“Besides, the senate has scheduled to screen the ministerial nominees: Dr Jamila Ibrahim and Mr Ayodele Olawande, respectively designated as Minister of Youth and Minister of State for Youth on Oct. 3rd”.

President Bola Tinubu had on Sept. 15, approved the nomination of Cardoso to serve as the new Governor of CBN.

Tinubu also approved the nomination of four deputy governors for a term of five years each at the first instance, pending their confirmation by the senate.

Last week, Cardoso resumed as the CBN governor in an acting capacity pending his screening and expected confirmation by the Senate.

Meanwhile, the Senate also pledged not to disappoint Nigerians as regards the appropriation of the 2024 budget.

Speaking on the agenda of the Red Chamber ahead of its resumption, the Senate spokesperson, Yemi Adaramodu emphasised that the revitalisation of the economy was top of its priorities.

Adaramodu said: “Soon after the resumption, the appropriation process will commence.

“The 10th Senate will not disappoint Nigerians; we’d ensure that we do what is expected of us because we are in a peculiar time when all hands must be on deck and Nigerians are eagerly waiting to see us do the needful to save Nigeria from the economic troubles we are currently experiencing and that permanent solutions are proffered.

“We’d ensure that appropriations are targeted at deliverables that can enhance a good life and good living for Nigerians, we are going to ensure that those that are approved are delivered to the latter and that quality services are given to Nigerians so that we can realise the goals of the Nigerian project and we can ensure that life is more abundant to Nigerians”.

Adaramodu said the Senate expected the President to send the budget soon.

Tags: Dr Olayemi CardosoPresident Bola TinubuSenateSenator Opeyemi Bamidele
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