Senators praise Emefiele for Job Well Done


Godwin Emefiele, Central Bank of Nigeria governor comfortably bags his job for second term going by the commendation the Senate Committee on Banking, Insurance and Other Financial Institutions gave him at the screening



GODWIN Emefiele, governor of the Central Bank of Nigeria appears to to be surmounting all the obstacles that may derail his confirmation at the Senate.

Not only was he commended by President Muhammadu Buhari when he visited him at the Villa on Monday after a leak of audio conversation alleging that money was missing from the bank, today Nigerian Senators took turns to laud him for his performance in his first tenure.

Prior to the commendation, President Buhari had sent Emefiele’s name to the Senate to confirm the renewal of his tenure for another five years. His first tenure ends on June 2.

Isaac Okorafor, director, Corporate Communications, joyously confirmed to Realnews on May 15, that during the screening session, members of Senate Committee on Banking, Insurance and Other Financial Institutions took turns to praise the governor for the work he is at the bank which helped to stabilised the naira and also moved the country out of economic recession in record time.

Emefiele had briefed the committee for about 20 minutes on the activities of the CBN in the last five years before Senator Rafiu Ibrahim Adebayo,  chairman of the committee, opened the floor for members to ask the governor questions

Instead of questions, speaker after speaker pour encomiums on the governor of Central bank of Nigeria.

Realnews reports that the committee will present its report to the plenary of the Senate which will then confirm Emefiele for a second term of five years.

Realnews reports that different groups including Bureau de Change operators in Nigeria have praised President Buhari for reappointing Emefiele, who has broken the jinx of CBN governors not being re-appointed for second term which preceded the era of Prof. Chukwuma Charles Soludo and Lamido Sanusi.

– May 15, 2019 @ 18:55 GMT |

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