The Senate has confirmed four of the five nominees sent to it by President Muhammadu Buhari for confirmation as non-executive directors of the board of Central Bank of Nigeria (CBN).<\/em><\/strong><\/p>\n

The confirmed nominees were Ummu Jalingo, Justitia Odinakachukwu, Mike Obadan and Adeola Adetunji.<\/p>\n

It, however, rejected Abdu Abubakar, as senators who screened him said they were dissatisfied with his responses to their questions.<\/p>\n

President Muhammadu Buhari had sent the five names to the Senate in April.<\/p>\n

The confirmation followed the adoption of the reports by the Senate Committee on Banking, Insurance and Other Financial Institutions which screened the nominees, on Wednesday.<\/p>\n

The chairman of the committee, Rafiu Adebayo (APC, Kwara South), who read out the report to the Senate, described the four confirmed nominees as \u201cvery resourceful, diligent, articulate, competent. He said the confirmed nominees \u201cwill add the needed value to the central bank and they answered questions satisfactorily.\u201d<\/p>\n

\u201cThe nominees have vast knowledge of the CBN act. They have been cleared by CCB and relevant security agency,\u201d he added.<\/p>\n

Mr. Ibrahim explained that Abdu Abubakar was not confirmed because \u201che failed the committee\u2019s integrity test.\u201d<\/p>\n

\u201cOne of the nominees, Dr. Abdu Abubakar failed the integrity test designed by the committee to assess (him); his response to questions lacked transparancy and not worthy to appointed into a regulatory agency by the CBN,\u201d he said.<\/p>\n

After the presentation of the report by Ibrahim, Deputy Senate President, Ike Ekweremadu, said the issues surrounding the non-confirmation of Mr. Abubakar should be revisited by the committee.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Senate has confirmed four of the five nominees sent to it by President Muhammadu Buhari for confirmation as non-executive directors of the board of Central Bank of Nigeria (CBN). The confirmed nominees were Ummu Jalingo, Justitia Odinakachukwu, Mike Obadan and Adeola Adetunji. It, however, rejected Abdu Abubakar, as senators who screened him said they […]<\/p>\n","protected":false},"author":1,"featured_media":50796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[3],"tags":[1371,1372,1373,1374,428,1375,1376],"class_list":["post-41743","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-abdu-abubakar","tag-adeola-adetunji","tag-justitia-odinakachukwu","tag-mike-obadan","tag-president-muhammadu-buhari","tag-rafiu-adebayo","tag-ummu-jalingo","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/posts\/41743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/comments?post=41743"}],"version-history":[{"count":0,"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/posts\/41743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/media\/50796"}],"wp:attachment":[{"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/media?parent=41743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/categories?post=41743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.metronews.ng\/wp-json\/wp\/v2\/tags?post=41743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}