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Senate Confirms Godwin Emefiele As CBN Governor For Second Term



Cash Policy: CBN Governor Tenders Apology

The Senate has confirmed Godwin Emefiele as governor of the Central Bank of Nigeria (CBN) for another term.

President Muhammadu Buhari had written to the Senate on May 9 to inform them of his decision to reappoint Mr Emefiele for another 5 years.

The Senate thereafter referred to the screening of Mr Emefiele to its committee on Banking, Finance, and other Financial Institutions.

The governor and senators in the committee were all smiles and threw banters in the screening that held on Wednesday.

Presenting the report on Thursday, chairman of the committee, Rafiu Ibrahim (Kwara-PDP), said the committee was impressed with Mr Emefiele’s ‘more than 32 years’ experience with outstanding performance.’

The committee recommended confirmation of Mr Emefiele based on his performance in the first tenure.


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