Buhari Re-appoints Emefiele for 2nd term as CBN Governor

President Muhammadu Buhari has re-appointed the Governor of central bank (CBN), Godwin Emefiele for a second term in office.

At the plenary today, the Senate President Bukola Saraki read a letter from the president reappointing Emefiele for a second term on Thursday, May 9, 2019.

While speaking at the Association of Assets Custodians of Nigeria (AACN) conference in London on Thursday, Emefiele confirmed that he’ll be making a return as the head of the apex bank.

The 57-year-old was first appointed by former president, Goodluck Jonathan, in 2014 and will become the first governor to be reappointed for a second term since Nigeria returned to a democratic system in 1999.

You would recalled that before his 2014 appointment, Emefiele spent most of his over two decades of banking years with Zenith Bank Plc where he served in different roles. He was Group Managing Director when he was appointed.

He holds a B.Sc. degree and an MBA Degree in Finance, both from the University of Nigeria, Nsukka.

If he’s confirmed by the Senate, his second term will end in 2024.