Godwin Emefiele,Governor of the Central Bank of Nigeria (CBN) hjas been confirmed for a second term of five years by the Nigerian senate.
The senate did after the members adopted the report of the Senate Committee on Banking, Insurance and other Financial Institutions presented by Senator Rafiu Adebayo during Thursday’s plenary.
The committee screened Emefiele on Thursday.
Senate President, Bukola Saraki, urged the CBN governor to use his second term to improve Nigeria’s economy.
In his remarks, Bukokla said: “On behalf of the Senate, let me congratulate the Governor of the Central Bank, Mr Godwin Emefiele on the renewal of his appointment.
“We wish him a useful tenure and may he use this opportunity to continue to provide support to ensure that the economy of our country continues to improve and address the important area of ensuring micro-economic stability.”
On May 8, President Muhmmdu Buhari informed the Senate in a statement that he has decided to nominate the CBN governor for a second term.