Nigeria’s Buhari seeks Senate approval of Aisha Ahmad as CBN Deputy Governor

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LONDON, ENGLAND - MAY 12: Nigerian President Muhammadu Buhari speaks after British Prime Minister Cameron opened the international anti-corruption summit on May 12, 2016 in London, England. Leaders from many of the worlds nations are gathering in London for the summit, which is aimed at stepping up action to tackle the problem of corruption. (Photo by Dan Kitwood -WPA Pool/Getty Images)

President Muhammadu Buhari of Nigeria has written the National Assembly, seeking the confirmation of the appointment of  Mrs Aisha Ahmad, as a Deputy Governor of the Central Bank of Nigeria.

In a letter read by the Deputy Senate President, Ike Ekweremadu who presided over the Thursday’s Plenary, the President said the confirmation was necessary as Mrs. Ahmad would replace the Deputy Governor who retired early this year.

‎The request for the confirmation is in accordance with the provisions of Section 8 of the Central Bank of Nigeria (Establishment) Act 2007.

‎Buhari also sought the clearance of members of the Monetary Policy Committee of the CBN to replace four members, whose tenure expires at the end of this year.

The nominees are: Prof. Adeola Festus Adenikinju; Dr. Aliyu Rafindadi Sanusi; Dr. Robert Chikwendu Asogwa and Dr.Asheikh A. Maidugu.

It cleared, the new members of the Monetary Policy Committee are to resume duty by next January.

In a related development, the Senate commenced  the consideration of  President Muhammadu Buhari request for the approval of external loan for Issuance of $2.5b to finance the 2017 appropriation and $3b to re-finance domestic debts.

The external loan request was referred to the Senate committee on foreign and local debts to report back in two weeks.

Other development at the floor of the Senate today, was a bill seeking to move the inauguration of Nigerian President and the Vice-President from the Eagles Square to the National Assembly precinct has been read for third time and passed at the Senate. ‎

The legislation titled: A bill for an Act to provide for the inauguration of the President and the Vice-President of the Federal Republic of Nigeria, also known as Presidential Inauguration Bill 2016, was sponsored by the Deputy Senate President, Senator Ike Ekweremadu

The crux of the legislation is to align presidential inauguration in Nigeria with what is obtainable in advanced democracies of the world.‎

The chairman of the committee, Abdul-Aziz Nyako,  while presenting it report said that the bill if assented to will be a welcome development as the National Assembly represents all segments of the nation. ‎

However, the lawmakers deleted Clause 6 of the bill which deals with the observance of relevant prayers in places of worship before inauguration.

The clause reads there shall be national prayers in the week of the inauguration in designated places of worship in the Federal Capital city on Friday and Sunday preceding the date of inauguration.

The legislation provides for the setting up of a Presidential Inauguration Committee, which shall consist of a serving member of the National Assembly as chairman, six members drawn from the legislature, two from the executive, two from the judiciary, and two from the civil society.‎

The Senators observed that prayer is a regular practice and need not be made a point of law.‎

The senators after several debates passed the bill through a voice vote. ‎

The bill if agreed to by the House of Representatives and assented to by the Executive will enforce the inauguration of President and Vice President within the confines of the parliament as is done in the United States and some other democracies of the world.‎

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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