Economy: Senate to screen CBN deputy govs, MPC members

Date: 2018-03-15

Worried by the state of the economy, the Senate yesterday resolved to commence screening of nominees from the executive.

It approved that the nominees for the positions of Deputy Governor of the Central Bank of Nigeria and members of the Monetary Policy Committee (MPC) be screened for confirmation as part of efforts to improve the state of the economy.

This followed a point of order raised by the Chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Rafiu Adebayo Ibrahim, at yesterday's plenary.

Ibrahim, in his observation, appealed to the Upper Chamber to consider a concession for the MPC because of its significance to the nation's economy.

The legislator said the non-confirmation of the deputy governors of the CBN and members of the MPC was negatively affecting the economy, especially foreign investments.

The lawmakers unanimously granted the prayer.

The President of the Senate, Dr Bukola Saraki, consequently directed the Senate Committee on Banking, Insurance and other Financial Institutions chaired by Senator Rafiu Ibrahim to conduct screening for the nominees.

The Herald recalls that President Muhammadu Buhari had forwarded the names of the nominees as CBN Deputy Governors and members of the MPC for confirmation, but the request was stood down.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Bayo Ojo     Mahee Abdulkadir     Amusa Bello     Sa\'adu Salahu     Young Progressives Party     Just Event Online     National Association Of Nigerian Students     Suleiman Ajadi     Abdulrahman Abdullahi Kayode     KWATMA     Kayode Ogunlowo     Balogun Gambari     Centre For Peace And Strategic Studies     Basit Olatunji     Mazars Consulting     Idowu Aremu     IHS Towers     UNILORIN Alumni Association     Iponrin     Olota Of Odo-Owa     Emir Of Yashikira     LAK Jimoh     Aliyu Muyideen     Awili Pedro     Abubakar Usman Jos     Idris Amosa Oladipo Saidu     Opolo Global Innovation Limited     Ashiru     Saka Abimbola Isau     Aliyu Olatunji Ajanaku     Kwara Basketball Association     Valsolar Consortium     Jimoh Akani     Yakub Ali-Agan     Sa\'adu Salau     Sidikat Alaya     Raji AbdulRasaq     Ajakaye     Ike Ekweremadu     Oro Grammar School     Abubakar Bature Sulu-Gambari     Ilorin.Info     Nagode     Hajj     Damilola Yusuf Adelodun     George Funsho Adebayo     Pilgrims Board     Osinbajo     Tope Daramola     Curfew     Savannah Centre For Diplomacy, Democracy And Development     Pius Abioje     National Pilot     Tinubu Legacy Forum     Funmilayo Braithwaite     Nupe     Baba Adini Of Kwara State     Ibrahim Bio     Micheal Imoudu     Ayinde Oyepitan     Ishola Moses Abiodun     Bamidele Adegoke Oladimeji     Forgo Battery     Seed Technologies     Ado Ibrahim     Hassan Oyeleke     Ilorin South     Ado Bayero     Sardauna Of Ilorin     Segun Abifarin     EndSARS     Galland Marcias     Council Of The Wise     Raji Ayodele Kamaldeen     Mohammed Yisa     YAKOOYO     Okala Baba    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Baakini     Raliat AbdulRazaq     Lanwa     Yunus Oniboki     Alumni Association Of The Federal Polytechnic Offa     Wole Oke     Saadu Gbogbo Iwe     Abdulhakeem Adelaja Amao     National Association Of Nigerian Students     Florence Saraki     Ibrahim Mohammed     Students Union Government     Special Agro-Industrial Hub     Minister     Jalala     Nigeria Computer Society     Okin Biscuit     Oyin-Zubair     Aremu Bose Deborah     A.O. Belgore     Michael Nzekwe     Fatimat Saliu     Government House     Egbejila     Edu     LEAH Charity Foundation     Abdulraufu Mustapha     Ajeigbe     Isin     Moses Afolayan     NAWOJ     Akeem Olatunji     Garba Ayodele Wahab     Monthly Sanitation Exercise     KWASSIP     Segun Ogunsola     Clement Yomi Adeboye     Abraham Ojo     Kupchi Hosea Maxwell     Lanre Aremu     Isiaka Saka Opobiyi     Hassan Taiye Salam     Harmony Holdings     Ijagbo     Durbar     Mufutau Olatinwo     Henry Makinwa     Hussein Olokooba     Saliu Oluwole     Road Transport Employers Association Of Nigeria     Muslim Cementary     Baba Idris     A.G.F Abdulrasaq     Baba Adini Of Kwara State     Mohammed Jimoh Faworaja     Kwara TV     Muhammed Mahe Abdulkadir     AbdulGafar Tosho     Madawaki Of Ilorin     HYPPADEC     Elesie Of Esie     Fola Consultant     Kunle Akogun     Susan Modupe Oluwole     Marafan Shonga     Peter Amogbonjaye     Zulkifli Ibraheem     Vasolar Consultoria     Abdulrauf Aliyu     Mohammed Lawal Bagega     Malete     Yusuf Ali     Mansurat Amuda-Kannike     Saka Keji     Muhammad Sirajo Aliyu     Ballah     Sarah Alade