BREAKING: Senate Begins Screening Of New CBN Gov Cardoso, Others

• The Senate is currently examining four nominees for the position of deputy governor for the apex bank
• Cardoso has resumed as the CBN governor in an acting capacity, awaiting his screening and Senate confirmation

The Senate has begun the screening process for Olayemi Cardoso to become the substantive governor of the Central Bank of Nigeria.

The Senate has begun the process of vetting Dr. Olayemi Cardoso for the job of Governor of the Central Bank of Nigeria (CBN).

The apex bank is also screening four deputy governor nominees.

Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello are the nominees for the positions of Deputy Governors.

Recall the Senate in a statement on Monday by the Media Office of the Senate Leader, Senator Michael Opeyemi Bamidele, APC, Ekiti Central, revealed it will screen all the nominees following its resumption from its annual recess.

The statement read, “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 – Dr. Jamila Bio Ibrahim and Mr. Ayodele Olawande, respectively designated as Minister of Youth and Minister of State for Youth on October 3.”

On September 15, President Bola Tinubu approved the nomination of Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN).

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