The 293rd meeting of the Monetary Policy Committee, which was slated to take place on September 25 and 26, 2023, has been postponed by the Central Bank of Nigeria.
This was by a press explanation by the bank’s Head of Corporate Interchanges, Dr Isa AbdulMumin, on Thursday.
The assertion read, “The Financial Approach Council of the National Bank of Nigeria has conceded its 293rd gathering booked for Monday and Tuesday, September 25 and 26, 2023, individually.
“Another date will be conveyed at the appropriate time. We lament any burden this change might cause our partners and the overall population.”
Although the apex bank did not provide any reason for the postponement, it is likely connected to the delay in approving the newly appointed governor and deputy governors of the bank.
Earlier, President Bola Tinubu nominated Yemi Cardoso to head the CBN.
Tinubu also approved the nomination of four new deputy governors of the apex bank to serve for a similar duration of five years in the first instance, pending their confirmation by the Senate.
The candidates are Emem , Usoro Muhammad Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello.
In any case, the arrangement of the CBN lead representative is dependent upon affirmation by the Senate, which is still on a yearly break.
The Senate representative and the director, the Senate Board on Media and Exposure, Yemi Adaramodu, told the SPECTATOR as of late that the Senate would screen the lead representative and other chief of the CBN when it gets a Leader Correspondence with that impact upon its resumption from its yearly break.
