By correspondent.
Dr.Olayemi Michael Cardoso
President Bola Ahmed Tinubu has sacked the suspended CBN Governor, Mr. Godwin Emefiele, and nominated Dr. Olayemi Michael Cardoso as the new governor of the Central Bank of Nigeria, subject to confirmation by the Senate.
Chief Ajuri Ngelale,Special Adviser to the President,(Media & Publicity),disclosed this in a statement in Abuja on Friday.
According to him.
The statement reads in full:
PRESIDENT TINUBU NOMINATES NEW CBN GOVERNOR AND MANAGEMENT TEAM FOR SENATE SCREENING AND CONFIRMATION
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.
This directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.
Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate, as listed below:
(1) Mrs. Emem Nnana Usoro.
(2) Mr. Muhammad Sani. Abdullahi Dattijo.
(3) Mr. Philip Ikeazor.
(4) Dr. Bala M. Bello.
In line with President Bola Tinubu’s Renewed Hope agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.
Olayemi Micheal Cardoso is an astute Nigerian banker, chartered stockbroker and public policy maker.
According to sources to the nominee,Cardoso served as the Commissioner for the Lagos State Ministry of Economic Planning and Budget when President Bola Tinubu was governed of Lagos state.
He holds a Bachelor of Science in Managerial and Administrative Studies from Aston University, Birmingham, England, where he obtained a Bachelor of Science (B.Sc.) degree.
He has a Master’s degree in Public Administration from the Harvard Kennedy School, Cambridge, Massachusetts, the United States and was chairman of the board of Citibank Nigeria, among others.
