Olayemi Cardoso assumed office on Friday as governor of the Central Bank of Nigeria (CBN), officially opening a new chapter at the apex bank after nine years of Godwin Emefiele at the helm of affairs.
Isa AbdulMumin, Director, Corporate Communications at the CBN, announced that Cardoso assumed duty as the acting CBN governor pending confirmation by the Senate.
The 10th National Assembly Senators who were inaugurated in June 2023, are currently on their annual recess. Cardoso’s confirmation will take place after they resume.
Also, the four newly appointed deputy governor-designates all also assumed office following the resignation of the previous deputies.
The statement read, “Dr. Olayemi Michael Cardoso, recently nominated by President Bola Ahmed Tinubu, has on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the Central Bank of Nigeria, pending his confirmation by the Senate. This follows the resignation of Mr Godwin Emefiele as Governor of the CBN.
“Similarly, the Deputy-Governors-Designate have also assumed duty, in acting capacities, sequel to the formal resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.”
The new deputy-governors-designate are Emem Usoro, Muhammad Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello.
The statement noted that Dr. Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja on Friday, September 2023.
It added that they have since settled down to the task of administering monetary and financial sector policies of the Federal Government.
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