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Cardoso assumes duty as acting CBN governor, Emefiele resigns

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Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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tiamin rice
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Dr Olayemi Cardoso, on Friday, formally assumed duty as the acting Governor of the Central Bank of Nigeria, CBN, following the resignation of the suspended governor of the bank, Godwin Emefiele.

According to a statement by Isa AbdulMumin, CBN’s Director, Corporate Communications, Cardoso’s resumption in acting capacity is pending his confirmation by the Senate.

“This follows the resignation of Mr. Godwin Emefiele as Governor of the CBN. Similarly, the Deputy-Governors-designate have also assumed duty, in acting capacities.

tiamin rice

“This is the sequel to the formal resignation of Mr Folashodun Shonubi, Mrs Aishah Ahmad, Mr Edward Adamu and Dr Kingsley Obiora as deputy governors.

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“Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja,” Mr AbdulMumin said.

He said that they had since settled down to the task of administering monetary and financial sector policies of the Federal Government.

Mr Cardoso was nominated by President Bola Tinubu as CBN governor on September 15.

Mr Tinubu also nominated Emem Usoro, Abdullahi Dattijo, Philip Ikeazor and Bala Bello as deputy governors.

NAN

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