Nigeria: Buhari Nominates Obiorah As CBN's Deputy Gov

17 January 2020

President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN).

President Buhari in a letter to President of the Senate, Ahmad Ibrahim Lawan, said the nomination was in accordance with the provision of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007.

Upon confirmation by the Senate, Dr Obiora will replace Dr Joseph Nnanna, who retires on February 2, 2020.

Dr Obiora holds a Bachelor's degree in Economics and Statistics from the University of Benin, a Masters in Economics from the University of Ibadan, and a Doctorate in Monetary and International Economics, also from the University of Ibadan.

A statement issued yesterday by the spokesperson to the President, Femi Adesina, said the nominee is currently an Alternate Executive Director at the International Monetary Fund (IMF) in Washington DC, United States of America.

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