On Wednesday, March 23, the Senate confirmed the nominations of seven members of the Monetary Policy Committee of the Central Bank of Nigeria.
In a statement signed and issued by Dr. Ezrel Tabiowo, special assistant (press) to President of the Senate, and seen by, the confirmation of the nominees followed the consideration of a report by the Committee on Banking, Insurance and other Financial Institutions.
Senator Uba Sani (Kaduna Central) the chairman of the committee, was reportedly laid and presented the report.
In the letter addressed to the Senate President, Ahmad Lawan, and dated February 23, 2022, Buhari explained that the confirmation and membership renewal request was made pursuant to Section 12(4) of the Central Bank Act, 2007.
The names of those confirmed by the Senate include; Professor Mohammed Adaya Salisu and Dr. Mo’Omamegbe – both of whom are new appointments. Others confirmed include; Professor Michael Obadan, Prof. Festus Adeola Adenikinju, Prof. Aliyu Sanusi Rafindadi, Dr. Robert Asogwa, and Alhaji Aliyu Ahmed.
Senator Uba Sani, in his presentation, said the nominees possess the academic qualifications, technical knowledge, and professional experience to be Members of the Monetary Policy Committee of the Central Bank of Nigeria.
He stated that one of the nominees, Alhaji Aliyu Ahmed is the Permanent Secretary, of the Federal Ministry of Finance, Budget, and National Planning and will serve as the representative of the ministry in the Monetary Policy Committee.
