Senate Confirms Emefiele For Second Term As CBN Gov

 

The Senate has just confirmed Dr . Godwin Emefiele as Governor of the Central Bank of Nigeria for a second term .

Emefiele had been screened by the Senate Committee on Banking , Insurance and Other Financial Institutions , on Wednesday during which he was grilled in issues affecting Nigeria ’s economy.

The screening exercise came after the mandate given by President of the Senate , Bukola Saraki , to the committee at the plenary on Tuesday . The committee was given one week to carry out the screening and report back to the Senate .

Emefiele , who was appointed as CBN Governor on June 2 , 2014 , is due to end his first term on June 2 , this year .

President Muhammadu Buhari had last week written to the Senate requesting that Emefiele be confirmed as CBN Governor for a second term of five years.