The Senate on Thursday rejected one of President Buhari’s nominees for Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), however three others were confirmed for appointment as members. Those confirmed for the appointment are Prof. Adeola Adenikinju, Dr Aliyu Sanusi and Dr Robert Asogwa while , Dr Asheikh Maidugu was rejected.
The confirmation followed the consideration and adoption of the screening report of Senate Committee on Banking, Insurance and other Financial Institutions.
The News Agency of Nigeria (NAN) recalls that the committee was mandated on March 14 to screen the nominees following President Muhammadu Buhari’s request that they be confirmed.
Presenting the report during plenary, Chairman of the Committee, Sen. Rafiu Adebayo, said that it recommended the rejection of one of the nominees, Dr Asheikh Maidugu.
According to Adebayo, the committee was dissatisfied with his response to the dependence required for each member of the MPC.
“The committee is concerned that a regular civil servant laden with bureaucracy may not be independent in his judgment on each crucial decisions of the MPC that affect directly the whole economy.’’
Also, the senate confirmed the nomination of Mrs Aisha Ahmad and Mr Edward Adamu for appointment as deputy governors of the CBN.
