Breaking News: Senate Confirms Godwin Emefiele As CBN Governor For Second Term

Godwin Emefiele, who is the Governor of Central Bank of Nigeria has been confirmed by the Senate for a second term of 5 years

The CBN governor was before the Senate Committee on Banking, Insurance, and other Financial Institutions on Wednesday for screening after he was nominated by President Muhammadu Buhari for the second term in office.

The Senate had given the committee a one week grace to carry out the screening and report back to the house.

The committee, chaired by Sen. Rafiu Ibrahim (PDP, Kwara), commenced the screening at noon on Wednesday.

According to reports. President Buhari last week wrote to Senate requesting that Emefiele be confirmed as the CBN governor for a second term.

Though the appointment of the CBN Governor has been challenged by some, Emefiele has been approved by the house for the second term in office.

Congratulations to Him.