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Buhari Re-Appoints Emefiele As CBN Governor

Godwin Emefiele has been retained as the CBN Governor. 

Funsho Akinwale

President Muhammadu Buhari, on Thursday, reappointed Godwin Emefiele as Governor of the Central Bank of Nigeria.

Before the announcement, the president had written to the National Assembly to seek legislative approval for another tenure for the Delta State born modern banker whose tenure expires next month, June 2, 2019.

The Senate President, Olubukola Saraki, while presiding over the house, read the letter on the floor shortly before the plenary session was adjourned.

The former Zenith Bank CEO/Managing Director started receiving congratulatory messages from family, friends and well-wishers a few minutes after the news hit the media.

Emefiele is happy about the re-appointment because many had thought the president would replace him following the country’s economic woes which led to the recession before it was eventually revived.

The top banker, before joining CBN, had spent 26 years in commercial banking before culminating in his tenure as the Group Executive Officer and Managing Director of Zenith Bank Plc, one of the largest banks in Africa.

Under Emefiele’s leadership, Zenith Bank has strengthened its position as a leading financial institution in Africa, winning recognition and endorsement at home and abroad.