Buhari nominates new CBN top official

President Muhammadu Buhari has nominated Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN.

Buhari’s nomination of Obiorah was contained in a letter sent to the President of the Senate, Ahmad Lawan.

“In a letter to President of the Senate, Ahmad Ibrahim Lawan, President Buhari said the nomination was in accordance with the provision of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007,”  said Femi Adesina, Buhari’s media aide.

“Dr Obiora, upon confirmation by the Senate, replaces Dr Joseph Nnanna, who retires on February 2, 2020.

“Dr Obiora holds a Bachelor’s degree in Economics and Statistics from the University of Benin, a Masters in Economics from the University of Ibadan, and a Doctorate in Monetary and International Economics, also from the University of Ibadan.

“He is currently an Alternate Executive Director in the International Monetary Fund (IMF) In Washington DC, United States of America.”