Senate confirms reappointment of Aishah Ahmad, Edward Adamu as CBN deputy governors

The senate has confirmed Aishah Ahmad and Edward Adamu for a second term as deputy governors of the Central Bank of Nigeria (CBN).

President Muhammadu Buhari had renominated the duo and asked for the confirmation of the upper legislative chamber.

They were screened by the banking committee last week.

While appearing before the committee, they fielded questions on the country’s cashless and withdrawal limit policies.

“Agents could perform an increasing variety of transactions including cash in cash out, bill payments and even account opening. Under the CBN’s SANEF initiative, the agent network had grown to 1.4 million agents available in every local government in Nigeria,” Ahmad had said.

“The various options open to Nigerians to perform financial transactions including mobile money, USSD, internet banking, mobile apps, eNaira, agents and mobile POS etc.

“All of these would ensure that Nigerians would seamlessly adapt to the cashless policy to enable financial inclusion and economic growth.”

The upper legislative chamber confirmed them on Wednesday after Uba Sani, chairman of the senate banking committee, presented a report on the matter.

Sani said they met the requirements expected of them during the screening process.

Thereafter, Ovie Omo-Agege, deputy president of the senate, put their nominations to a vote for confirmation or otherwise.