Buhari names Obiora CBN Deputy Governor

President Muhammadu Buhari has nominated Dr Kingsley Obiora as a Deputy Governor of the Central Bank of Nigeria (CBN).

If confirmed by the Senate, Dr Obiora, who is an Alternate Executive Director at the Washington DC office of the International Monetary Fund (IMF), will be replacing Dr Joseph Nnanna, who retires on February 2, 2020.

According to a statement by the Special Adviser to the President on Media and Publicity, Mr Femi Adesina, Buhari has already forwarded a letter nominating Dr Obiora to the President of the Senate, Ahmad Ibrahim Lawan.

“President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria.

“In a letter to President of the Senate, Ahmad Ibrahim Lawan, President Buhari said the nomination was in accordance with the provision of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007.

“Dr Obiora, upon confirmation by the Senate, replaces Dr Joseph Nnanna, who retires on February 2, 2020.

“Dr Obiora holds a Bachelor’s degree in Economics and Statistics from the University of Benin, a Masters in Economics from the University of Ibadan, and a Doctorate in Monetary and International Economics, also from the University of Ibadan.

“He is currently an Alternate Executive Director in the International Monetary Fund (IMF) In Washington DC, United States of America”, the statement said.