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Aishah Ahmad, Lametek Adamu confirmed as CBN deputy governors

By Uju Ochulo with agency report
22 March 2018   |   11:39 am
The Nigerian Senate Thursday confirmed the nomination of Aishah Ahmad and Edward Lametek Adamu as deputy governors of Central Bank of Nigeria. Ahmad and Adamu were nominated by President Muhammadu Buhari in October 2017 and February 2018 respectively. But their confirmation was delayed by the Senate after it embargoed all presidential nominees. “I would like…

The Nigerian Senate Thursday confirmed the nomination of Aishah Ahmad and Edward Lametek Adamu as deputy governors of Central Bank of Nigeria.

Ahmad and Adamu were nominated by President Muhammadu Buhari in October 2017 and February 2018 respectively. But their confirmation was delayed by the Senate after it embargoed all presidential nominees.

“I would like to thank the Committee on Banking and Finance and all our colleagues for this action today,” Senate President Bukola Saraki said shortly the confirmation.

“We promised the country last week that within a week we would carry out this confirmation and we have done this.”

The senate also confirmed three nominees for appointment as members of the Monetary Policy Committee (MPC) of the CBN.

Those confirmed for the appointment are Prof. Adeola Adenikinju, Dr Aliyu Sanusi and Dr Robert Asogwa.

The confirmation followed the consideration and adoption of the screening report of Senate Committee on Banking, Insurance and other Financial Institutions.

The News Agency of Nigeria (NAN) recalls that the committee was mandated on March 14 to screen the nominees following President Muhammadu Buhari’s request that they be confirmed.

Presenting the report during plenary, Chairman of the Committee, Sen. Rafiu Adebayo, said that it recommended the rejection of one of the nominees, Dr Asheikh Maidugu.

According to Adebayo, the committee was dissatisfied with his response to the dependence required for each member of the MPC.

“The committee is concerned that a regular civil servant laden with bureaucracy may not be independent in his judgment on each crucial decisions of the MPC that affect directly the whole economy.”

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