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Senate Confirms Godwin Emefiele as CBN Governor for another 5 years

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The Senate on Thursday approved the reappointment of Godwin Emefiele as governor of Central Bank of Nigeria, CBN for another five-year tenure.

The confirmation, which was done at 11.30 this morning, followed the consideration of the report of the Senator Rafiu Ibrahim, PDP, Kwara South led Committee on Banking, Insurance and other Financial Institutions.

The report ordinarily would have only been laid for consideration in another legislative day, but the report was laid, considered and approved today.

Recall that Godwin Emefiele, yesterday appeared before the Senate Committee for screening.

It would be recalled that President Muhammadu Buhari had last week written the Senate, intimating the Senators of his reappointment of the governor of CBN, Godwin Emefiele, for another five-year tenure.

President Buhari in a letter to the Senate President, Dr. Bukola Saraki dated May 8th, 2019, said that the reappointment followed the expiration of Emefiele’s first tenure.

The letter entitled “Renewal of the appointment of Godwin I. Emefiele as Governor of Central Bank of Nigeria” was received in the Office of the Senate President on May 9th, 2019.

The Senate President read the letter on the floor of the Senate.

The letter read: “In view of the expiration of the first tenure of the current Governor of the Central Bank of Nigeria on June 2, 2019, and pursuant to the provisions of Section 8 (1) and (2) of the Central Bank of Nigeria Act 2007, I hereby present for confirmation by the Senate Mr. Godwin I. Emefiele for re-appointment as Governor of the Central Bank of Nigeria for a final term of five (5) years.

“It is my hope that the Distinguished Senate will consider and confirm the nominee in the usual expeditious manner. “Please accept, Mr. Senate President, the assurances of my highest consideration.”

 

 

 

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Politics

Aisha Buhari faults FG’s Social Investment Programme, says it has failed in the North

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Aisha Buhari advocates education to end child marriage

 

The wife of the President, Aisha Buhari, has faulted the Social Investment Programme of the Federal Government, saying the programme has failed to achieve its aim in Kano and most parts of Northern Nigeria.

Mrs Buhari mentioned this during an interactive session with women as part of the presidential inauguration ceremony at the State House in Abuja.

The wife of the President, who specifically mentioned the conditional cash transfer component, questioned the method used in executing the programme.

She also faulted the amount of money spent on the purchase of mosquito nets.

“They have spent $16 million buying mosquito nets. I did not get it, but maybe some people have gotten it. I didn’t get it. But I feel that, that’s my personal opinion, $16 million is enough to fumigate Nigeria,” she said.

Generally, Mrs Buhari did not agree with the method adopted for the programme.

She said, “I was expecting the social investment programme, N500 billion to be utilised in a different method; in order to achieve the aim. But I don’t know the method they used. Most of the Northern States did not get the money. I don’t know – my state didn’t get the money. I don’t know if your state got the money.”

Continuing with her criticism, Mrs Buhari explained that the programme worked well in some state and that for other states where it did not succeed, a different approach should have been used.

She added, “In my state, one local government benefitted from it, out of 22 local governments. I didn’t’ ask what happened and I don’t want to know.”

Although the wife of the President is concerned about the performance of the programme in her state, she suggested it was worse in Kano.
“For it to fail woefully in Kano is not a good sign,” she said.

 

 

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Bello Matawalle declared Governor of Zamfara

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Independent National Electoral Commission (INEC) has declared Bello Matawalle of the PDP as the new governor of Zamfara.

The chairman of the Independent National Electoral Commission, Mahmud Yakubu, said this at a press briefing in Abuja, saying that the PDP was the winner of all the state states, but one of the state constituencies was formed, with the NRM party Kabiru Hashim won the Maru presidency.

He said it was coming after the Supreme Court’s ruling on Friday suspended all the APC presidential candidates.

According to the court’s ruling, the APC has failed to conduct a fairly decisive election, which has led to a decline in the votes cast by the party in 2019 in the state.

In a state governorship election, Bello Matawalle came in with 189,452 votes, which is now the second.

The Supreme Court of Nigeria has ruled on Friday that the APC is not calling for a specialist, so the APC party is the winner of the state elections. done in March.

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INEC declares PDP winner of all elections in Zamfara

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The Independent National Electoral Commission (INEC) has declared Bello Matawalle of the Peoples Democratic Party (PDP) winner of Zamfara state governorship election.

Mahmood Yakubu, INEC chairman, announced this during a press conference in Abuja on Saturday.

He also said the party won in all elective positions in the state.

He said this followed the supreme court decision sacking all candidates of the All Progressives Congress (APC) in the general election.

The apex court had ruled the party did not hold a valid primary election and subsequently voided its votes.

Matawalle had scored 189,452 to emerge second in the governorship election.

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