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Yet to be confirmed Cardoso, acting deputies assume office at CBN

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The nominee for the position of governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, officially assumed office on Friday.

According to a statement by the Director, Corporate Communications at the CBN, Dr. Isa AbdulMumin, the new acting governor assumed duty pending confirmation by the Senate, which is currently on its annual recess.

It was also noted that the deputy governor-designates had assumed office following the resignation of the previous deputies.

The statement read, “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 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.

It added that they had since settled down to the task of administering the monetary and financial sector policies of the Federal Government.

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