Prof. Adeola Adenikinju Appointed as member of CBN Monetary Policy Committee

Prof. Adeola Adenikinju Appointed as member of CBN Monetary Policy Committee

The Senate confirmed the nomination of Professor Adeola Adenikinju (CPEEL Director), Dr Aliyu Sanusi and Dr Robert Asogwa, for appointment as members of the Monetary Policy Committee (MPC) of the CBN, following the confirmation of the nomination of Aisha Ahmad and Edward Adamu for appointment as deputy governors of the Central Bank of Nigeria (CBN).

This followed the consideration of the reports of the Senate Committee on Banking, Insurance and Other Financial Institutions presented by Senator Rafiu Adebayo at the upper chamber of the National Assembly in Abuja.

Speaking during plenary, Senate President Bukola Saraki thanked the committee and the lawmakers for ensuring the success of the confirmation process.

The Senate President further congratulated President Muhammadu Buhari and others involved in the appointment process, as well as Mrs Ahmad for her nomination to such competitive role.

He also congratulated Mr Adamu, saying his elevation as CBN deputy governor would be a great encouragement to the staff of the bank and boost the morale within the institution.