Senate Confirms Adelabu As CBN Deputy Governor

senate-chamber_anti_terrorism_billThe Senate on Thursday confirmed Mr Adelabu Adekola for appointment as Deputy Governor of the Central Bank of Nigeria (CBN).

The senate had already confirmed Mr. Godwin Emefiele as Governor-Designate of the apex bank on Tuesday.

His confirmation followed the consideration of the report of the Sen. Bassey Otu (PDP-Cross River)-led Committee on Banking, Insurance and other Financial Institutions which screened him.

Presenting the report, Otu said the committee had screened Adelabu on Wednesday and having answered questions satisfactorily, the committee found him capable of handling the position.

The Deputy Senate President, Ike Ekweremadu, who presided over Thursday’s plenary, congratulated Adelabu on his confirmation and expressed the hope that he would inject fresh ideas into the CBN which has been enmeshed in controversy of recent.

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