TheCable

Uba Sani, the senator-elect for Kaduna central, says the re-nomination of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN) “must gladden the hearts of genuine Nigerian patriots interested in the progress of our country and the building of a vibrant and dynamic economy”.

Buhari re-nominated Emefiele on Thursday, making him the first CBN governor to be given a second term since Nigeria returned to civil rule in 1999.

In a press statement on Thursay, Sani said: “This bold and well thought through decision by Mr. President is highly commendable and must be fully supported by all and sundry as we reposition our economy to confront the monumental challenges facing our dear nation.

“I am particularly happy at this vote of confidence in Mr. Emefiele. That is one man I can fully attest to his integrity, forthrightness, competence, resourcefulness and innovativeness. He has introduced so many measures in a bid to strengthen the CBN and make it a truly world class apex financial institution. Critical and strategic thinking goes into the formulation of our monetary policies. He has also been able to reasonably steady the Naira against international currencies. The CBN has also initiated and executed projects in furtherance of its corporate social responsibility. Above all, Mr. Emefiele provided the needed leadership as we battled and eventually wriggled out of recession.

“Mr. Emefiele’s giant strides have also received profuse commendations from the International Monetary (IMF), the World Bank and other international financial institutions. Banks and other key financial institutions in Nigeria have equally expressed confidence in Mr. Emefiele’s ability to take our economy to the Next Level. Mr. President indeed got it right.”

The senate on Thursday read the communication from Buhari asking for the confirmation of Emefiele for a second term.