Tinubu appointed new CBN team to redeem apex bank’s battered image: Senator Gumel
Senator Abdullahi Gumel, the Senior Special Assistant to the President on National Assembly Matters (Senate), explained that the appointment of the new management team for the Central Bank of Nigeria (CBN) aims to revitalise the institution and ensure it fulfils its responsibilities effectively.
In a statement on Wednesday, Mr Gumen said the appointment of the team by President Bola Tinubu was part of efforts to rescue the Nigerian economy from its challenges.
“The CBN’s image was badly battered, so this team that has come on board is a rescue team,” said Mr Gumel. “They have come to rescue the image of the CBN.”
The senator said that apart from Nigerians, the Economic Community of West African States (ECOWAS) and the African Union (AU) awaited the new management to hit the ground running.
“They are waiting for Nigeria to get the economy back so that everybody will feel secure and happy,” he said.
Mr Gumel lauded the Senate for confirming the appointment of Olayemi Cardoso as the CBN governor and his team on the first day of its plenary after recess.
“The lawmakers told the CBN governor and the deputy governors the feelings of Nigerians, and what they talked to the team about is reflective of what Nigerians feel about the CBN,” he said.
Mr Gumel expressed optimism that other president appointees would be screened and confirmed soon by the Senate.
“We are also expecting the list of about three ministerial nominees from Kaduna, Kwara, and Ondo states,” he stated.
Mr Gumel urged Nigerians to accommodate one another, irrespective of their religious differences.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
World
I’ve made UK better, stronger than my predecessor: Keir Starmer
Mr Starmer hailed himself for taking the Labour Party from “historic defeat” in 2019 to winning the country’s general election in 2024, when it ousted the Conservative Party.
Economy
CSCS declares N1 interim dividend after half-year earnings
The company noted that the interim dividend represented 56 per cent of the total dividend of N1.78 per share paid for the 2025 financial year.
Health
Mental health key to attaining excellence in children, says expert
He said children perform better academically and socially when the learning environment supports their emotional well-being.
States
Court dismisses Ned Nwoko’s suit challenging Okowa’s candidacy for Delta North senatorial district
The Federal High Court, Abuja, rejected Mr Nwoko’s suit seeking to void Mr Okowa’s emergence as the APC candidate for the Delta North senatorial district.
Heading 1
Reps begin review of state police bill
“The House and the Senate are working in tandem with each other to make sure that the significant amendments are achieved,” he said.
Economy
Nigeria’s $40 billion net foreign reserves validate Tinubu’s economic reforms: TSF
“The increase from about $3 billion to more than $40 billion within three years, therefore, represents a substantial strengthening of Nigeria’s financial buffers,” the group said.
