On Thursday, the Senate approved four of President Bola Tinubu’s five nominees to the Board of Directors of the Central Bank of Nigeria (CBN).
Senator Mikhail Adetokunbo Abiru, representing the Lagos East Senatorial District, delivered a report to the Chambers indicating that the applicants had been thoroughly examined.
The legislator claimed that President Tinubu’s nomination was consistent with Section 6(1)(10)(D) of the CBN Act.
While seeking their confirmation, Abiru informed his colleagues that there was no petition against any of the nominees, that there were no security reports about them from the Department of State Service, DSS, or the Nigeria Police, and that they had met the Code of Conduct Bureau’s requirements.
He said: “He also said, the nominees have knowledge of the industry and have the capability to serve on the CBN board ”
Meanwhile, Senator Orji Uzor Kalu representing Abia North Senatorial District disclosed that Urum Kalu Eke who is his constituent excused himself from the nomination for another engagement with the World Bank.
He said: “Mr President and Distinguished Colleagues, Mr Urum is my constituent and he called to say, there will be a conflict of interest in his nomination as CBN board director.
“That he wishes to decline, while he has already informed the Governor of the Central Bank of Nigeria.”
After contributions, the Deputy Senate President, Jibrin Barau who presided over the plenary confirmed the nominees through a voice vote: The nominees confirmed are:
1. Mr Robert Agbede
2. Mr Ado Yakubu Wanka
3. Professor Muritala Sabo Sagagi
4. Mrs Muslimat Olanike Aliyu.