Business

President Tinubu writes Senate to confirm newly nominated Directors of CBN Board

President Bola Tinubu on Tuesday forwarded a list of names to the Senate for the screening and confirmation of five individuals nominated as directors of the Central Bank of Nigeria (CBN) board.

Tinubu’s formal request was conveyed in a letter addressed to the Senate President, Godswill Akpabio, which was read during the plenary session on Tuesday.

The letter reads,

Having read the letter to the House, the Senate President, Godswill Akpabio subsequently referred the matter to the Senate Committee on Banking, Insurance, and Other Financial Institutions for additional legislative review.

The committee is tasked with reporting back to plenary within four weeks.

Akpabio thereafter referred to the request to the Senate Committee on Banking, Insurance, and Other Financial Institutions for further legislative action and to report back to plenary in four weeks.

Similarly, Tinubu in a separate letter sought the confirmation of the Senate for the appointment of Mr Hamidu Rahim as Commissioner for the National Population Commission (NPC) representing Osun State.

Tinubu said the request was following provisions of Section 154 sub section 1 of the 1999 Constitution (As Amended).

President of the Senate, Godswill Akpiabio referred the request to the Senate Committee on National Population and National Identity for further legislative work and to report back to plenary in one week.