Acting Governor for the Central Bank of Nigeria (CBN), Dr. Olayemi Michael Cardoso
Cardoso assumes office as CBN, Emefiele resigns
…Cardoso comes on board as naira plunges to record low
Following the resignation of Godwin Emefiele, as announced by the Federal Government, Dr. Olayemi Cardoso has officially assumed office on Friday as Governor of the Central Bank of Nigeria (CBN) in an acting capacity.
A statement by the Director, Corporate Communications at the CBN, Dr. Isa AbdulMumin, said Cardoso assumed duty as the acting CBN governor pending confirmation by the Senate, who are currently on their annual recess.
It was also noted that the deputy governor-designates have assumed office following the resignation of the previous deputies.
The statement reads, “Dr. Olayemi Michael Cardoso, recently nominated by President Bola Ahmed Tinubu, has on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the Central Bank of Nigeria, pending his confirmation by the Senate. This follows the resignation of Mr Godwin Emefiele as Governor of the CBN.
“Similarly, the Deputy-Governors-Designate have also assumed duty, in acting capacities, sequel to the formal resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.”
The deputy-governors-designate are Emem Usoro, Muhammad Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello.
The statement also noted that Dr. Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja on Friday, September 2023.
It added that they have since settled down to the task of administering monetary and financial sector policies of the Federal Government.
The Senate spokesperson and the Chairman, the Senate Committee on Media and Publicity, Yemi Adaramodu, was reported to have told the PUNCH that the Senate would screen the governor and other executives of the CBN as soon as it gets an Executive Communication to that effect upon its resumption from its annual recess.
The apex bank postponed the Monetary Policy Committee’s 293rd meeting, which was slated for Monday and Tuesday, September 25 and 26, 2023.
