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Senate screens Cardoso for CBN governor, deputies too

Ismaila Sanni
Ismaila Sanni
Cardoso

The Senate will today screen former chairman of the Board of Citi Bank Nigeria, Dr. Olayemi Cardoso, for the position of the Governor of the Central Bank of Nigeria, CBN.

Also to be screened are four nominees for the post of the deputy governors of the CBN – Mrs Emem Usoro; Mr Muhammad Dattijo; Mr Philip Ikeazor and Dr Bala Bello.

Senate Leader, Opeyemi Bamidele, made this known in a statement issued by his media office.

The statement reads in part: “The Senate of the Federal Republic of Nigeria will resume plenary on Tuesday, September 26. We will consider the screening of Dr Cardoso at the Committee of the Whole.

“Cardoso will be screened alongside four deputy governors namely: Mrs Emem Usoro, Mr Muhammad Dattijo, Mr Philip Ikeazor and Dr Bala Bello.”

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He added that the Senate would also screen ministerial nominees – Dr Jamila Ibrahim and Mr Ayodele Olawande, respectively designated as Minister of Youth and Minister of State for Youth on October 3.

President Bola Tinubu approved the nomination of Cardoso to serve as the new Governor of CBN, and the four deputies on September 15.

Cardoso resumed work on September 22 in acting capacity.

He replaced Mr. Godwin Emefiele who is said to have now formally resigned.

The deputy governors-designate of the bank also resumed work on the same date in acting capacity sequel to the formal resignations of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Lametek Adamu, and Dr. Kingsley Obiora, as deputy governors of the CBN.

Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s head office in Abuja, and settled down to the task of administering monetary and financial sector policies of the federal government.

An economic and development policy advisor, financial sector leader, former chairman of CitiBank Nigeria and Commissioner for Economic Planning and Budget in Lagos State, Cardoso brings over three decades of managerial experience on board.

An alumnus of Aston University, Birmingham, United Kingdom, he studied managerial and administrative studies.

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