Nigeria News

NIGERIA: Senate Confirms Adelabu Deputy Governor of CBN

The Senate Thursday confirmed Mr. Adekola Adelabu for appointment as Deputy Governor of the Central Bank of Nigeria (CBN).
The confirmation followed the consideration of the report of the Senator Bassey Otu (PDP-Cross River)-led Committee on Banking, Insurance and Other Financial Institutions on the screening of Adelabu.
Presenting the report, Otu said the committee had screened Adelabu on Wednesday and having answered questions satisfactorily, the committee found him capable of handling the position.
According to the News Agency of Nigeria (NAN), the Deputy Senate President, Ike Ekweremadu, who presided over yesterday plenary, congratulated Adelabu and expressed the hope that he would bring fresh ideas into the CBN.
Meanwhile, presentation of the report of the Joint Committee on Petroleum Resources (Upstream and Downstream) and Gas on the Petroleum Industry Bill (PIB) was deferred to another legislative day.
Presentation of the report was listed on the day’s order paper.
The Chairman of the joint committee, Senator Emmanuel Paulker (PDP-Bayelsa), however pleaded for additional one month, saying the report was not ready.
Paulker said: “The committee has been working assiduously on this bill, but because of its volume, we are yet to put everything together.
“I therefore crave the indulgence of the Senate for another one month to put the report together.’’
However, the Chairman, Senate Committee on Gas, Senator Nkechi Nwogu (PDP-Abia), who said the presentation of the report had been slated for  yesterday, asked why the Rules and Business Committee slated it without confirming from the committee if it was ready or not.
She reiterated that the committee had been working hard to put the report together and described as embarrassing the committee’s listing of the report presentation for yesterday without confirmation.
Consequently, the deputy senate president defended the Rules and Business Committee, saying the time the senate gave the joint committee to present the report had elapsed.
Ekweremadu said the Rules and Business Committee assumed that the report would be ready for presentation and listed it for yesterday.
He appealed to the joint committee to expedite work on the report and present it within the one month additional period given.
The Senate, also yesterday, referred the screening of five nominees as members of the National Population Commission  (NPC) to its committee on National Identity and National Population.
The nominees are: Mr. Lanre Fayemi (Ekiti), Alhaji Baba Makau, (Yobe), Alhaji Hassan Bashir (Bauchi), Alhaji Yusuf Anka (Zamfara) and Alhaji Abdullahi Abarshi (Kebbi).
The committee is expected to present its report within two weeks.

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