Emefiele Begins Second Tenure As CBN Governor

Related stories

Breakdown as FAAC Disburses N1.818 Trillion in June 2025 

• FG Receives Lion share By Abiola Olawale The Federation Account...

2027: Osun Senator, Fadeyi Dumps PDP, Amid Adeleke’s Defection Speculations

By Abiola Olawale Senator Olubiyi Fadeyi, the lawmaker representing Osun...

Ranked: The 40 Countries With the Best Culture and Heritage

Greece is the best country in the world known...

EFCC Probing 18 Sitting Governors in Major Corruption Crackdown, Olukoyede Reveals

Reveals ex-governor Arrested in UK for spraying Money By...

Natasha Vows to Return to Senate Tuesday, Despite Akpabio’s Appeal

By Abiola Olawale Suspended Kogi Central Senator Natasha Akpoti-Uduaghan has...

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation of his re-appointment by the Senate on May 16.

According to a statement by the Director Corporate Communications, Mr Isaac Okoroafor,  Emefiele was sworn in by the Bank’s Secretary and Director, Corporate Secretariat Department, Mrs Alice Karau.

Emefiele after taking the oath, expressed gratitude to God, President Muhammadu Buhari for nominating him and the Senate for confirming his appointment.

He also thanked the management and staff as well as the media for all their support during his first term in office.

Emefiele disclosed that he will unfold a new roadmap for the Bank and the economy, in the days ahead, after series of consultations with critical stakeholder groups.

He charged all stakeholders to strengthen efforts at building a healthy and stable system in the best interest of Nigeria.

The CBN governor also reiterated the bank’s focus to play an active role in supporting job and wealth creation in Nigeria.

“We must strengthen our efforts over the coming years to stimulate growth and job creation in critical sectors of the economy, which will help insulate our economy from shocks in the global economy.

“We must also work to build a healthy and stable financial system that will contribute to the growth of our economy, while preserving price stability,” he said.

Emefiele said more work still needed to be done in building a stronger economy for the benefit of all.

According to him, the pace of Gross Domestic Product (GDP) growth remained fragile and was below the rate of Nigeria’s annual population growth at 2.7 per cent.

He, therefore, pledged that the CBN would continue to collaborate with the fiscal authorities to strengthen growth and wealth creation in the country.

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Breakdown as FAAC Disburses N1.818 Trillion in June 2025 2027: Osun Senator, Fadeyi Dumps PDP, Amid Adeleke's Defection SpeculationsRanked: The 40 Countries With the Best Culture and HeritageEFCC Probing 18 Sitting Governors in Major Corruption Crackdown, Olukoyede RevealsNatasha Vows to Return to Senate Tuesday, Despite Akpabio's AppealPresidency, ADC in War of Words Over BuhariPresidency, ADC in War of Words Over Buhari(VIDEO) Gambari Weighs in on Buhari's Legacy, Says History Will Be Kind to Him2027: Osun Senator, Fadeyi Dumps PDP, Amid Adeleke's Defection SpeculationsEFCC Probing 18 Sitting Governors in Major Corruption Crackdown, Olukoyede RevealsDrama as Okpebholo Tells Peter Obi: Notify me Before Visiting Edo or Else I Can't Guarantee Your SecurityTrump Vows to Sue Rupert Murdoch as Epstein Report Opens New Rift in Their RelationshipTinubu Names IBB’s Son, Top Experts to Lead Key Nigerian Agencies2027: Labour Party Appoints Nenadi Usman as Interim National Chairperson Alleged $9.6 Billion P&ID Fraud: Fleeing Briton’s Surety Arrested, Produced In Court
X whatsapp