The senate committee on banking, insurance coverage and different monetary establishments has authorized of a second time period for Godwin Emefiele, governor of the Central Financial institution of Nigeria (CBN).
Rafiu Ibrahim, its chairman, mentioned the allegations had been focused at “bringing you (Emefiele) down as a result of you might be particular person”.
Final week, President Muhammadu Buhari nominated Emefiele for a second time period.
“Now, we all know the explanation why there are some movies on social media as a result of in Nigeria, as soon as you’re a good particular person, some individuals will all the time attempt to carry you down. We are going to expeditiously take a report back to the chamber for consideration. You’ll be able to take a bow.”
Kurfi Umaru representing Katsina central additionally recommended the CBN governor for “a job effectively completed.”
“Let me begin by congratulating the governor for his second time period and in addition congratulate you to your article presentation. I commend you for a job effectively completed,” he mentioned.
Philip Aduda from FCT mentioned: “Mine is to want you effectively and to hope to God almighty to grant you knowledge in an effort to put the financial system of this county on a pedestal of hope and prosperity. Congratulations.”
EMEFIELE: VERY TOUGH ROAD AHEAD
In his remarks, the Emefiele mentioned the apex financial institution will proceed to do its finest, admitting, nevertheless, that “the street forward continues to be very powerful.”
He mentioned Nigeria has workable insurance policies however “implementation has been uncared for as a result of we see sabotaged actions.”
“We’ve began taking a look at Palm oil. The value of a barrel of palm oil is greater than a barrel of crude oil. We are going to develop that market once more. After palm oil, we are going to deal with cocoa within the south-west.” (The Cable)