Dr Yemi Cardoso Set for Screening, Confirmation by the Senate as CBN Governor Today

By Rita Elenwo

The Senate will today September 26 screen former Chairman of the Board of Citi Bank Nigeria, Dr. Olayemi Michael Cardoso for the position of Governor of the Central Bank of Nigeria, CBN.

The Senate will also screen four other nominees for the positions of CBN Deputy Governors, to work with Cardoso if confirmed to steer the affairs of the apex bank in the next five years.

In a statement by the Media Office of the Senate Leader, Opeyemi Bamidele, the lawmakers will screen all the nominees upon their resumption from annual recess.

The Senate will also screen two ministerial nominees, Dr. Jamila Bio Ibrahim and Ayodele Olawande, designated as Minister of Youth and Minister of State for Youth on October 3.

On September 15, President Tinubu approved the nomination of Cardoso to serve as the new CBN Governor. He also approved the nomination of four Deputy Governors for a term of five years each at the first instance, pending their confirmation by the Senate.