Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has arrived Senate for screening to have his appointment renewed.
Senate Committee on Banking had on Tuesday received the executive communication for renewal of Emefiele’s appointment.
President Muhammadu Buhari last Wednesday wrote to the Senate to seek approval for re-appointment of Emefiele for another five-year term as CBN governor.
Emefiele was first appointed as CBN governor by former president Goodluck Jonathan in 2014.
An audio recording recently surfaced of Emefiele and other top CBN executives discussing the apex bank’s balance sheet and shareholders’ fund.
CBN had in a statement on Sunday night said that the discussion was on loans to state governments which negatively affected the CBN’s balance sheet.
It also said that contrary to the narrative that the discussion was about a fraudulent transaction, the beginning of the conversation was omitted to create a different impression.
