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JUST IN: Senate Confirms Olayemi Cardoso As CBN Governor

CBN Governor, Dr. Olayemi Michael Cardoso

Senate on Tuesday, confirmed the appointment of Yemi Cardoso as the Central Bank of Nigeria (CBN) Governor.

Gatekeepers News reports that the Senate further confirmed the appointment of four others as Deputy Governors of the apex bank.

Their confirmation followed a screening by the Red Chamber.

The Deputy Governors who were confirmed include, Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor, and Bala Bello.

Senate President Godswill Akpabio said, “The nomination of Olayemi Cardoso is hereby confirmed as governor of the Central Bank of Nigeria (CBN).”

Before their confirmation, the nominees had answered questions on matters related to economic and other policies.

During the screening, Cardoso promised to embrace compliance, assuring that under his leadership, the CBN would remain apolitical.

Cardoso said, “I believe that the Central Bank under our watch will have no choice but to embrace a culture of compliance.

“We will not wait for oversight to come and tell us what to do. We will ensure that by the time the system is passing through us, we catch it and we deal with it.

“That is a cultural shift, a change in mindset, but we will make sure it happens.”

On September 15, President Bola Tinubu approved the nomination of Dr Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN).

Cardoso will serve for a term of five (5) years at the first instance.

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