President Muhammadu Buhari has asked the Senate to confirm the reappointment of Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for another term of five years.
In a letter read by Senate President, Bukola Saraki, at Thursday plenary, Buhari said the appointment is for a second and final term.
Emefiele was first appointed as Governor of the apex bank on June 3, 2014 by former President Goodluck Jonathan.
Titled: ‘Renewal of the appointment of Godwin Emefiele as Governor of the Central Bank of Nigeria,’ the letter reads: “In view of his expiration of the first tenure of the current Governor of the Central Bank of Nigeria (CBN) on June 2, 2019, and in pursuant to the provisions of Section 81 (2) of the Central Bank of Nigeria 2007, I hereby present for confirmation by the Senate, Mr Godwin Emefiele for reappointment as Governor of the Central Bank of Nigeria (CBN) for a final term of five years.
“It is my hope that this distinguished Senate will consider and confirm the nominee in the usual expeditious manner”.