Appointment
At last Tinubu sacks Emiefele, appoints Yemi Cardoso as New CBN Gov
**Four new Deputy Governors get nod
At last, President Bola Tinubu has sacked the suspended and detained Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and has appointed Dr. Olayemi Michael Cardoso as his replacement at the nation’s apex Bank
Cardoso is a Banker, Chartered Stockbroker, and Public Policy Maker, who served as the former chairman of Citibank Nigeria and one-time Commissioner for Lagos State Ministry of Economic Planning and Budget.
A statement by presidential spokesman, Ajuri Ngelale, on Friday evening said; “President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.”
Ngelale said in the statement thus; “This directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria, the authority to appoint the Governor and Four (4) Deputy Governors for the Central Bank of Nigeria (CBN), subject to confirmation by the Senate of the Federal Republic of Nigeria.
“Furthermore, President Bola Tinubu has approved the nomination of four new Deputy Governors of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending their confirmation by the Nigerian Senate.”
The new Deputy Governors are listed as (1) Mrs. Emem Nnana Usoro; (2) Mr. Muhammad Sani Abdullahi Dattijo; (3) Mr. Philip Ikeazor; and (4) Dr. Bala M. Bello
According to the Presidential aide, “In line with President Bola Tinubu’s Renewed Hope agenda, the President expects the above-listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.”
The new CBN helmsman is the founding chairman and co-chair of Ehingbeti Summit, the Lagos State Economic Summit. Also a former Executive Lead at the Harvard Kennedy School alumni association, Cardoso did managerial and administrative studies at Aston University, where he obtained a Bachelor of Science (B.Sc.) degree. He has a Master’s degree from the Harvard Kennedy School in public administration
The Senate has endorsed the nomination of Omolola Oloworaran as the substantive Director-General of the National Pension Commission (PENCOM).
President Bola Tinubu had nominated Oloworaran for the position and sought Senate approval through a formal request.
Her confirmation followed the adoption of a report by the Senate Committee on Establishment and Public Service, presented during Thursday’s plenary session.
The committee’s chairman, Senator Cyril Fasuyi (APC, Ekiti North), stated that Oloworaran met all legal and professional requirements as outlined in the Pension Reform Act 2014. He emphasized that she fulfilled the criteria stipulated under sections 19(2), (5), (6), and 26 of the Act, qualifying her for the role.
“The nominee has demonstrated competence and meets the legal prerequisites for this position. The committee finds her to be a fit and proper person for appointment as Director-General of PENCOM,” Senator Fasuyi said.
During the session, Deputy Senate President Barau Jibrin put the committee’s recommendation to a voice vote, which received overwhelming support from the senators.
Oloworaran’s confirmation ensures continued leadership at PENCOM, an agency critical to Nigeria’s pension administration and reform initiatives.
Edo State Governor, Senator Monday Okpebholo, has announced the appointment of Hon. Gani Audu as Chief of Staff, with the appointment taking immediate effect.
The Chief Press Secretary to the Governor Fred Itua, made the disclosure through a press Statement on Thursday.
According to the statement the Secretary to the State Government, Musa Umar Ikhilor, who made the announcement described Audu’s new role as integral to advancing Governor Okpebholo’s reform agenda for the state.
The statement reads: “It is hereby announced for the information of the general public, particularly the good people of Edo State, that His Excellency, Senator Monday Okpebholo, Governor of Edo State, has approved the appointment of Hon. Gani Audu as his Chief of Staff. The appointment takes immediate effect.”
Hon. Audu, born on August 18, 1969, brings a rich background in governance and administration to his new role. A graduate of Auchi Polytechnic with an HND (1994), he went on to complete a Postgraduate Diploma in Business Administration from Benson Idahosa University (2011) and an M.Sc. in Intelligence and Global Security from Baze University, Abuja (2024).
Audu’s political experience spans nearly two decades. He served as Chairman of Etsako West Local Government Council from 2004 to 2010, represented Etsako West Constituency 1 in the Edo State House of Assembly from 2015 to 2023, and was the All Progressives Congress (APC) deputy governorship candidate in the 2020 Edo State elections.
This strategic appointment is expected to bolster the governor’s administrative team and support his vision of transformative governance in Edo State.
President Bola Tinubu has congratulated President Donald Trump on his re-election as the 47th President of the United States of America.
In a statement released by Bayo Onanuga, Special Adviser to the President (Information & Strategy), on Wednesday, President Tinubu expressed his enthusiasm about strengthening Nigeria-U.S. relations amidst the complex global challenges and opportunities.
Trump, who claimed victory on Wednesday, pledged to “heal” the country as he was on the brink of defeating Kamala Harris in a remarkable White House comeback.
President Tinubu praised Trump’s victory, emphasizing that it reflects the trust and confidence the American people have placed in his leadership. He also commended the American people’s commitment to democracy.
Looking ahead, President Tinubu expressed confidence that Trump’s experience as the 45th president from 2017 to 2021 would foster beneficial and reciprocal economic and development partnerships between the U.S. and Africa. He expressed hope that this new era under President Trump would promote peace, economic cooperation, and address global challenges.
Acknowledging the significant influence of the United States in shaping global events, President Tinubu believes that Trump’s leadership will bring the world closer to peace and prosperity.
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