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September 6, 2022

CBN: Senate clears President Buhari’s Non-executive Director nominees, says Uba Sani

CBN: Senate clears President Buhari’s Non-executive Director nominees, says Uba Sani

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By Ibrahim Hassan-Wuyo 

The Chairman Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Uba Sani has said that President Muhammadu Buhari’s nominees have been cleared for confirmation as Non-Executive Directors of the Central Bank of Nigeria (CBN).

The lawmaker in a  statement explained that “the four reappointed Non-Executive Directors who were screened are; Prof. Mike Idiahi Obadan, Prof. Justitia Odinakachukwu Nnabuko, Prof. Ummu Ahmed Jalingo and Mr Adeola Adetunji.

The Senator said “the nominees were asked a wide range of questions on the mandate of the CBN, the challenges it is facing, the current situation in the banking and financial sectors, how to build strong synergy between the monetary and fiscal authorities, and how to get Nigeria out of its present economic difficulties”.

Uba Sani who is also the Kaduna State APC governorship flagbearer for 2023 , noted that “the screening session was robust and interactive” adding that “the nominees exhibited high levels of understanding of the Nigerian economy as well as the challenges, intricacies and opportunities of the Nigerian financial sector. No petition was received in respect of any of the nominees