Senate confirms two CBN deputy governors

The Senate has approved two nominees for the position of deputy governors of the Central Bank of Nigeria (CBN)

Aisha Ahmad and Edward Lametek were on Wednesday, March 21, confirmed by the lawmakers.

The confirmation follows recommendation of the committee on Banking, Insurance and other Financial Institutions.

The chairman of the committee, Rafiu Adebayo, presented the report making the recommendation.

Adebayo said the nominees had been cleared by the police, the Code of Conduct Bureau and the Directorate of State Services (DSS).

He said: ''Having been satisfied with their academic, professional qualification and competence, work experience and character of these two nominees, the committee hereby recommend that the Senate do confirm Aisha Ahmad and Edward Lametek as deputy governors of the Central Bank of Nigeria (CBN).''

The lawmakers unanimously approved the recommendation after a voice vote. On this part, Senate President Bukola Saraki commended his colleagues for the expeditious confirmation of the two.

Saraki urged the nominees to work to grow the economy and stabilise the country’s foreign exchange.

Meanwhile CBN injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the market.

Giving a breakdown of the amount, the acting director, Corporate Communications, Isaac Okorafor, said in Abuja on Monday that the wholesale segment of the market received 100 million dollars, while Small and Medium Enterprises (SMEs) segment received 55 million dollars.