The Senate has confirmed the appointment of four persons, Mr Robert Agbede, Mr Ado Wanka, Prof. Murtala Sagagi and Mrs Muslimat Olanike, as members of the Board of Directors of the Central Bank of Nigeria (CBN).
This followed the adoption of the report of the Senate Committee on Banking, Insurance and Other Financial Institutions at the Committee of the Whole on Thursday.
Presenting the report, the Chairman of the committee, Sen. Abiru Adetounboi, said that four out of the five nominees appeared for screening, while the fifth, Mr Urum Eke, failed to appear.
He said their nomination was by the provisions of sections 6 1 and 2 (d) and 10 of the Central Bank of Nigerian Act, 2007.
He said that the findings of the committee indicated that the appointment was by the provisions of section six of the CBN Act 2007.
He said the appointment of the nominees was in tandem with the provision of section 10 of the Act, which required that the President in appointing them shall have due regard to four representations on the financial, agriculture Industrial, and commercial interests and principle of Federal Character
He said the nominees possessed the knowledge, expertise and professional experiences to be members of the board of CBN, saying that the committee did not receive any petition against their nomination.
He said the nominees had been cleared by the police and possessed the Code of Conduct acknowledgement slips.
He urged the Senate to confirm their appointment.
