Tinubu seeks Senate confirmation of Chairman, members of CBN Monetary Policy Committee

President Bola Tinubu has requested the confirmation of Senate for the appointment of a Chairman and Members for the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC).

Tinubu’s request is contained in a letter addressed to President of Senate, Godswill Akpiabio and read during plenary in Abuja

Tinubu in the letter entitled “Constitution of Monetary Policy Committee for the Central Bank of Nigeria (CBN)” said the request is “In accordance with the provisions
of section 12 of CBN Act 2007.

President Tinubu in the letter listed the 12 persons to include:
Olayemi Cardoso,CBN Governor (Chairman), Muhammad Abdullahi CBN Deputy Governor (Member), Bala Bello CBN Deputy Governor (Member),Emem Usoro CBN Deputy Governor (Member),Philip Ikeazor CBN Deputy Governor (Member), Lamido Yuguda, Director General, Security and Exchange Commission (SEC) (Member),Jafia Lydia Shehu,Permanent Secretary Federal Ministry of Finance.

In a remark senator Akpabio referred the request to Committees on Finance Banking, Insurance and other Financial Institutions for further legislative inputs and report back in one wee