The Senate has ordered the Committee on Banking, Insurance and Financial Institutions to examine and report back within a week, President Muhammadu Buhari’s request on the renewal of CBN Governor, Godwin Emefiele’s, tenure.

The decision was made during plenary on Tuesday (today).

The President had submitted the letter to the Senate last week, and the letter was read on the floor of the Senate by Senate President Bukola Saraki during plenary the same day.

Taking to its verified Twitter handle @NGRSenate on Tuesday, the Senate declared: “Senate to consider the Request of Mr President C-in-C on the Renewal of Appointment of Godwin I. Emefiele as Governor Central Bank of Nigeria in accordance with Section 8(1) and (2) of the Central Bank of Nigeria Act 2007.

“This request is referred to the Committee on Banking, Insurance and Financial Institutions to report back in a week.”

"Exciting news! TheNigeriaLawyer is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest legal insights!" Click here! ....................................................................................................................... Unauthorized use and/or duplication of this material and other digital content on this website, in whole or in part, without express and written permission from TheNigeriaLawyer, is strictly prohibited _________________________________________________________________

 To Register visit https://schoolofadr.com/how-to-enroll/ You can also reach us via email: info@schoolofadr.com or call +234 8053834850 or +234 8034343955. _________________________________________________________________

NIALS' Compendia Series: Your One-Stop Solution For Navigating Nigerian Laws (2004-2023)

Email: info@nials.edu.ng, tugomak@yahoo.co.uk, Contact: For Inquiry and information, kindly contact, NIALS Director of Marketing: +2348074128732, +2348100363602.