Dr. Olayemi Cardoso has officially taken on the role of Acting Governor of the Central Bank of Nigeria (CBN) as of Friday.
The announcement relayed through a statement by Isa AbdulMumin, the Director of Corporate Communications at the CBN, clarified that Cardoso’s assumption of the acting role is pending 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.
“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.
“Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja,” AbdulMumin said.
During a brief ceremony held at the Bank’s Head Office in Abuja, Cardoso and his colleagues took their respective oaths of office. They have already begun the essential task of administering monetary and financial sector policies on behalf of the Federal Government.
It’s worth noting that President Bola Tinubu nominated Dr. Cardoso as the CBN Governor on September 15. Alongside Cardoso, the President also nominated Emem Usoro, Abdullahi Dattijo, Philip Ikeazor, and Bala Bello as Deputy Governors, signifying a significant reshuffling within the top leadership of the CBN.