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Senate Directs Committee On Banking To Screen MPC Nominees

Channels Television  
Updated March 15, 2018

 

The Senate has directed its committee on banking to screen the nominees for the appointment of members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) as well as the nominee for the position of the Deputy CBN governor.

The nominees are Prof. Adeola Adenikinju, Dr. Aliyu Sanusi, Dr. Robert Asogwa and Dr. Asheikh Maidugu.

While the nominee for the position of Deputy Governor is Aisha Ahmad.

President Buhari had earlier sent the names of four nominees for appointment as members of the MPC and CBN Deputy Governor to the Senate for confirmation, which they rejected.

But on Tuesday, the Senate reversed its earlier decision not to screen the nominees after a Federal Lawmaker Senator Rafiu Ibrahim, appealed to the lawmakers to confirm the nominees for the position of Deputy Governor of CBN and members of the Monetary Policy Committee of the CBN.

He explained that MPC has been unable to hold its meeting because it does not have the required number of members to form a quorum and this has had adverse effects on the economy.