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Senate screens CBN gov Cardoso, deputies today

The Editor by The Editor
September 26 2023
in Business, Governance
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Tinubu nominates Cardoso as CBN Governor, names four deputies⁣

Dr. Olayemi Michael Cardoso - CBN Governor

The  Senate will today (Tuesday) screen the acting Governor of the Central Bank of Nigeria (CBN),  Dr Olayemi Cardoso, for confirmation into a substantive capacity alongside four nominees for the positions of CBN Deputy Governors,  to steer affairs of the apex bank in the next five years.

The Red Chamber, which is returning from its two-month annual vacation, has also scheduled the screening of two additional ministerial nominees by  President Bola Tinubu for Tuesday, October 3, 2023.

The Media Office of the Senate Leader, Senator Opeyemi Bamidele, disclosed this in a statement on Monday evening.

While the National Assembly was on break, the President appointed the duo of Dr. Jamila Ibrahim and Ayodele Olawande as Minister of Youths and Minister of State for Youths respectively.

Tinubu also approved the nomination of  Cardoso as the new Governor of the Central Bank of Nigeria pending his 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.

The statement by the Senate Leader office said, “Dr. Cardoso will be screened alongside four deputy governors: namely Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.

“Besides, the Senate has scheduled to screen the ministerial nominees – Dr. Jamila Bio Ibrahim and Mr. Ayodele Olawande, respectively designated as Minister of Youth and Minister of State for Youth on October 3.”

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 of Nigerians and 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 so that we can ensure that life is more abundant to everyone to Nigerians.”

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

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