Buhari reappoints Emefiele for second term as CBN governor

Reading Time: < 1 minute

President Buhari has reappointed the Governor of Central Bank of Nigeria(CBN), Godwin Emefiele for a second term.

The letter for his tenure elongation was sent to the Senate on Wednesday and read during plenary on Thursday.

“Breaking: the President of the Senate, Dr. Abubakar Bukola Saraki, has just read a letter from President Muhammadu Buhari, reappointing the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for a second term,” the Senate President announced on Thursday afternoon.

Emefiele was first appointed by former President Goodluck Jonathan in 2014 and was retained after Buhari assumed office in 2015. He will be the first CBN governor to be get a second term since the return to civilian rule in1999.

Recall that Today’s Echo had on Wednesday published a list of prospective successors to Emefiele if his tenure is not renewed.

Leave a Reply

%d bloggers like this: