The Senate, has confirmed the nominations of seven members of the Monetary Policy Committee of the Central Bank of Nigeria. The confirmation of the nominees followed the consideration and adoption of the report by the Senate Committee on Banking, Insurance, and Other Financial Institutions on the nominees.
The Chairman of the committee, Senator Uba Sani, presented and laid the report. The President, Major General Buhari (retd.), had in the letter addressed to the President of the Senate, Ahmad Lawan, dated February 23, 2022, noted that request for the confirmation and membership renewal was made pursuant to Section 12(4) of the Central Bank Act, 2007.
Those confirmed by the Senate include Prof Mohammed Adaya Salisu and Dr. Mo’ Omamegbe both of whom are new appointments. The other five members whose appointments were renewed are Prof Michael Obadan, Prof. Festus Adeola Adenikinju, Prof. Aliyu Sanusi Rafindadi, Dr. Robert Asogwa and Alhaji Aliyu Ahmed.
Sani, in his presentation, said the nominees possessed the academic qualifications, technical knowledge and professional experience to be members of the MPC.
