Sunday, July 19, 2026

Tinubu appointed new CBN team to redeem apex bank’s battered image: Senator Gumel

“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.”

• September 27, 2023
Senator Abdullahi Gumel
Senator Abdullahi Gumel [credit : Daily Post ]

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

farmers

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

Katsina State

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.”

Heading 3

POWA reaffirms commitment to members’ welfare

According to Mrs Disu, the invaluable role of police officers’ wives cannot be overemphasised.

Nigeria Premier Football League logo

States

N2 billion NPFL prize won’t fix Nigerian football, says Gara-Gombe

He lamented that Nigeria had only a few stadiums capable of meeting international standards.

Pregnant teenagers

Heading 1

Kwara reaffirms commitment to reducing teenage pregnancy

According to Ms El-Imam, Kwara has recorded significant progress in maternal health and family planning.

Civilian JTF gets new commander-general

NationWide

Civilian JTF gets new commander-general

He said the purpose of establishing the CJTF was to bring peace and unity to the country.

Police officers

States

Police nab three Bayelsa civil servants over alleged N500 million theft of govt equipment 

Police said the suspects would be charged to court after the conclusion of investigations.

England

Heading 4

England beat France 6-4 to win 2026 World Cup bronze

Saka completed his hat-trick from the penalty spot in the 87th minute.