Speaker Abbas to Cardoso: “Help us navigate Nigeria out of economic crisis”

By Tony Akowe, 


The speaker of the House of Representatives, Tajudeen Abbas has charged the incoming governor of the Central Bank of Nigeria (CBN) and deputy governors to help the government navigate the country out of the current economic crises to prosperity.

In a statement signed by his special adviser on media and publicity, Musa Abdullahi Krishi, the speaker also commended the president for the calibre of persons he has appointed to manage the affairs of the Central Bank of Nigeria (CBN).


While describing the appointees as eggheads in the financial and economic sectors, the speaker said those appointed have what it takes to reposition the apex bank. 


President Bola Ahmed Tinubu had on Friday, September 15, approved the nomination of Olayemi Cardoso as the new Governor of the CBN.


The president also approved the nomination of four new Deputy Governors of the CBN. They are Muhammad Sani Abdullahi Dattijo, Emem Nnan Usoro, Philip Ikeazor and Bala M. Bello.


The speaker said that Cardoso, a financial expert and a banker of many years standing, would certainly bring his experience to bear in his new role as the CBN governor.


He specifically commended the choice of Muhammad Sani Abdullahi Dattijo from Kaduna State for a position in the CBN, noting that the nominee has been a good ambassador of the state.


Dattijo, a former commissioner for Planning and Budget under the administration of Governor Nasir el-Rufai, was a policy adviser at the Executive Office of United Nations Secretary-General Ban Ki-Moon in New York. He later served as the Chief of Staff to El-rufai during the latter’s second tenure as governor of Kaduna State.

The appointees for the CBN management team are to serve for a term of five years subject to the Senate confirmation.


While saying that the apex bank is now faced with myriads of challenges both internally and externally, expressed confidence in the capacity of the new management team to reposition the apex bank.


He noted that the appointees have a huge task ahead of them, as they are coming on board at a time when Nigeria is experiencing economic challenges, especially with regards to the country’s monetary policy.

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