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First with the News

Nigeria: Nominee For CBN Board Rejects Tinubu’s Appointment, Says He Wants To Focus On Job At World Bank

February 29, 2024
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By Emmanuel Nduka 

Urum Kalu, a nominee for membership of the Central Bank of Nigeria (CBN) Board of Directors has declined the offer of President Bola Tinubu, stating that he is currently engaged in the World Bank.

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The matter came to the fore during the Thursday plenary when the Nigerian Senate began the process for the confirmation of the nominees.

Heritage Times HT recalls that President Tinubu had on February 13 forwarded the names of Urum and four others for confirmation as members of the board for the CBN.

But during the confirmation, Senator Orji Kalu representing Abia North told the Nigerian Senate that the person who is his constituent had called him on the phone to reject the offer, noting that it would conflict with his present job as a consultant with the World Bank.

“The nominee told me this role would conflict with his job as a consultant to the World Bank, Federal Government agencies and other private companies,” he said.

READ ALSO: Where Is Niger’s Mohammed Bazoum?

Meanwhile, the Nigerian Parliament has confirmed the appointment of four other members of the Board of Directors of the CBN forwarded to it by the President.

Those confirmed by the Senate on Thursday as Directors are Robert Agbede; Ado Yakubu Wanka; Professor Murtala Sabo Sagagi and Mrs. Muslimat Olanike Aliyu.

The confirmation was sequel to the consideration of a report of the screening of the nominee presented by the Chairman, Senate Committee on Banking, Insurance & Other Financial Institutions by the Chairman, Senator Adetokunbo Abiru representing Lagos East.

Abiru said the Committee did not clear Urum Kalu Eke from Abia because he failed to appear for screening.

 

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