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CBN: Senate to screen Cardoso, others Tuesday


The Senate has revealed that it will on Tuesday, screen the newly-noninated governor of the Central Bank of Nigeria, Olayemi Michael Cardoso.

The Senate disclosed in a statement issued from the Media Office of the Senate Leader, Senator Opeyemi Bamidele, on Monday, September 25, 2023.

According to the statement, the other 4 nominees for the position of the Deputy Governor of the CBN, who will be managing the affairs of the Apex bank alongside Cardoso for the next five years, will also be screened by the Senate, after its presumption from the annual recess.

It would be recalled that President Tinubu had on September 15, approved the nomination of Cardoso to serve as the new Governor of the Apex Bank.

President also approved the nomination of four deputy governors of the bank, for a term of five years each at the first instance, pending their confirmation by the Senate of the Federal Republic of Nigeria.

However, the Senate which went on recess immediately after screening the President’s Ministerial nominees, stated on Monday, that it will screen the CBN management upon its return on Tuesday.

The statement reads: “The Senate of the Federal Republic of Nigeria will resume plenary on Tuesday, September 26. We will consider the screening of Dr. Cardoso at the Committee of the whole.

“Dr. Cardoso will be screened alongside four deputy governors, namely Mrs. Emem Nnana Usoro, Mr Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.

“Besides, the Senate has scheduled to screen the ministerial nominees, Jamila Bio Ibrahim and Ayodele Olawande, respectively, designated as Minister of Youth and Minister of State for Youth on October 3.”

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