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SENATE CONFIRMS CARDOSO AND OTHERS AS MPC MEMBERS

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The Senate has confirmed the appointment of 12 persons as members of the Monetary Policy Committee of the Central Bank of Nigeria.

This confirmation comes after a report of the Committee On Banking, Insurance and other Financial Institutions Committee of the CBN was considered during plenary on Thursday.

The confirmation of the new MPC members comes days to the first policy meeting of the apex bank under the new CBN governor. The meeting has been slated for February 26 and 27, 2024.

The members are:

  1. Olayemi Cardoso – Chairman
  2. Muhammad Sani Abdullahi – Member
  3. Bala M. Bello – Member
  4. Emem Usoro – Member
  5. Philip Ikeazor – Member
  6. Lamido Yuguda — Member
  7. Jafiya Lydia Shehu – Member
  8. Murtala Sabo Sagagi – Member
  9. Aloysius Uche Ordu – Member
  10. Aku Pauline Odinkemelu – Member
  11. Mustapha Akinwumi – Member
  12. Bandele A.G. Amoo – Member
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