Senate Committee Given A Week To Report Back On Buhari’s Request For Emefiele’s Tenure Extension

The Senate on Tuesday ordered the Committee on Banking, Insurance and Financial Institutions to examine and report back within a week, President Muhammadu Buhari’s request on the renewal of CBN Governor, Godwin Emefiele’s, tenure.

Senate President Bukola Saraki during plenary on Tuesday read President Muhammadu Buhari’s letter requesting renewal of appointment of CBN governor, Godwin Emefiele for a second term.

On its verified Twitter handle @NGRSenate on Tuesday, the Senate declared: “Senate to consider the Request of Mr President C-in-C on the Renewal of Appointment of Godwin I. Emefiele as Governor Central Bank of Nigeria in accordance with Section 8(1) and (2) of the Central Bank of Nigeria Act 2007.

“This request is referred to the Committee on Banking, Insurance, and Financial Institutions to report back in a week.”

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