Buhari sought legislative approval for Emefiele’s re- appointment Click HERE for MORE
The letter read: “In view of the expiration of the first tenure of the current governor of the Central Bank of Nigeria on June 2, 2019, and pursuant to the provisions of Section 8(1) and (2) of the Central Bank of Nigeria Act 2007, I, hereby present for confirmation by the Senate Mr. Godwin Emefiele for re-appointment as Governor of the Central Bank of Nigeria for a final term of five (5) years. “It is my hope that the distinguished Senate will consider and confirm the nominee in the usual I expeditious manner. Please accept, Mr. Senate President, the assurances of my highest consideration.” This has put to rest speculations surrounding Emefieles’s re-appointment or otherwise.
Emefiele was appointed on June 3, 2014 as the 11th governor of the CBN and 10th indigenous governor. He took over from Sanusi Lamido Sanusi, the current emir of Kano whose tenure lapsed on June 1, 2014. Emefiele was a former group managing director/chief executive officer of the Zenith Bank Plc. He has over 20 years working experience in the banking industry.
Recall that barely two months ago, The Daily Times exclusively reported that there were strong indications that Emefiele will be re-appointed for another term of five years by President Muhammadu Buhari.
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