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President Buhari makes new appointment in CBN, Monetary Policy Committee

Nigeria’s President Muhammadu Buhari has made new appointments in the Central Bank of Nigeria (CBN) and the Monetary Policy Committee with his sending to the Senate name of person for the office of Deputy Governor of the Central Bank of Nigeria.

A statement, issued in Abuja on Thursday by his Special Adviser on Media and Publicity (SAMP), Mr. Femi Adesina, has said.

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Mr. Femi Adesina disclosed in the statement that President Buhari had presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN), as a replacement to a former Deputy Governor, who retired early this year.

The President’s SAMP said further that his boss in the transmitted letter to the Senate was also seeking the Red Chamber to confirm appointment of members of the Monetary Policy Committee of the CBN.

The statement read: “In accordance with the provisions of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007, President Buhari urged the Senate President, Dr Bukola Saraki, to consider the expeditious confirmation of Mrs Ahmad, who would then resume work immediately.”

“In the same vein, the President has written the Senate, seeking the confirmation of appointment of members of the Monetary Policy Committee of the CBN. They are to replace four members, whose tenure expires at the end of this year. The nominees are: Professor Adeola Festus Adenikinju; Dr Aliyu Rafindadi Sanusi; Dr Robert Chikwendu Asogwa and Dr Asheikh A. Maidugu.”

After Senate clearance, Adesina clarified, the new members of the Monetary Policy Committee will resume duties next January.

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