Pres. Buhari Appoints Aisha Ahmad As CBN Deputy Governor

President Muhammadu Buhari has made changes at the Central Bank of Nigeria, CBN by nominating Aisha Ahmad to the Senate for confirmation for the post of Deputy Governor.

If confirmed, Ahmad would replace a former Deputy Governor of the apex bank who retired early this year, Premium Times writes.

President Buhari’s nomination is consistent with the provisions of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007, as he urged the Senate President, Bukola Saraki, to consider the expeditious confirmation of Mrs. Ahmad so she could resume work immediately.

Similarly, the president wrote to the Senate seeking the confirmation of appointment of members of the Monetary Policy Committee (MPC) of the CBN.

The nominated members – Adeola Adenikinju; Aliyu Sanusi; Robert Asogwa and Asheikh Maidugu – are to replace four others, whose tenure expires at the end of this year.

All new members of the Monetary Policy Committee are to resume duties by January 2018, after confirmation by the CBN.

The Monetary Policy Committee (MPC) is the highest policy making committee of the Bank with the mandate to erect monetary policy framework in the medium term and review the financial conditions in the country. CBN Govenror, Godwin Emefiele, sits as its Chairman.

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