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Godwin Emefiele

President Jonathan nominates Zenith Bank MD for CBN governor

Adelabu Adebayo
Adelabu Adebayo

President Goodluck Jonathan yesterday asked the Senate to consider and confirm Mr. Godwin Emefiele as Central Bank of Nigeria (CBN) Governor with effect from June 2, 2014.

Jonathan also requested the upper chamber to consider and approve the appointment of Mr. Adelabu Adebayo Adekola as Deputy Governor. Emefiele is the Managing Director and Chief Executive of the Zenith Bank Plc.

He will take over from Mallam Sanusi Lamido Sanusi if confirmed.

The nomination of Emefiele is contained in a letter dated February 19, 2014 entitled “Appointment of Governor of the Central Bank of Nigeria” read by the Deputy Senate President, Ike Ekweremadu, who presided over the plenary yesterday.

Jonathan noted that in view of the fact that the tenure of the current Governor of the CBN (Mallam Sanusi Lamido Sanusi) will end on June 1, 2014, and pursuant to the provisions of Section 8(1) and (2) of the CBN Act, 2007, “I hereby forward the name of Mr. Godwin I. Emefiele for kind consideration and confirmation by the Senate of the Federal Republic of Nigeria for appointment as Governor of the Central Bank of Nigeria.”

Jonathan prayed the Senate to accord the consideration and confirmation of the nominee its usual expeditious consideration.

For Adekola, Jonathan also asked the Senate to consider and confirm him as Deputy Governor.

Adekola will take over from Mr. Tunde Lemo who retired as CBN Deputy Governor recently.

Adekola is an executive director with the First Bank of Nigeria Plc.

Jonathan also asked that Senate to consider and approve the nomination of Alhaji Hassan Bashir (Bauchi State) and Hon. Lanre Fayemi (Ekiti State) as members of the National Population Commission.

-The Nation

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