Tinubu Makes New Appointment in CBN, Presidency Shares Details
- President Bola Ahmed Tinubu has appointed Lamido Abubakar Yuguda as the new CBN deputy governor, pending Senate confirmation
- Yuguda replaces Bala Bello, who presently serves as the special adviser to the president on political economy
- With extensive experience, Yuguda aims to bolster Nigeria’s economic stability and growth in his new role
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Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering politics, elections, public affairs and governance in Nigeria and Africa.
FCT, Abuja - President Bola Tinubu on Wednesday, March 11, approved the appointment of Lamido Abubakar Yuguda as deputy governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.
According to a statement by Bayo Onanuga, one of the presidential spokespersons, the appointment is in accordance with Section 8 (1) of the Central Bank of Nigeria Act, 2007.
Source: Facebook
Yuguda replaces Bello at CBN
Yuguda’s nomination follows the recent appointment of the erstwhile deputy governor, Bala Bello, as special adviser to the president on political economy, The Nation noted.
President Tinubu charged them to discharge their responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth in their respective roles, according to the Guardian.
Presidency shares Lamido Yuguda's profile
In its statement, the presidency explained that Yuguda's last public post was as director-general of the Securities and Exchange Commission (SEC), a position he held from 2020 to 2024. He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a http://B.Sc. in Accountancy.
In 1991, he obtained a master's degree in Money, Banking and Finance from the University of Birmingham, United Kingdom (UK). He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder. He began his career in 1984 at the CBN as a Senior Supervisor in the Foreign Operations Department.
Yuguda also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN. He retired from the CBN in 2016, after serving as director of the Reserve Management Department for six years.
The full statement by the presidency can be read below via X:
Tinubu nominates new RMAFC commissioners
President Tinubu has announced the appointment of Amina Gamawa, representing Bauchi, and Abdullahi Muktar, representing Kaduna, as Commissioners to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).
The announcement was made by Senate President Godswill Akpabio during plenary on Tuesday, March 10, adding that the president forwarded the names of the nominees to the National Assembly for screening and confirmation.
Akpabio further referred the letter to the Committee on National Planning and Economic Affairs. He said that the committee should report back to the Senate within the next week.
Source: Facebook
Tinubu confirms Omokri, others as ambassadors
Earlier, Legit.ng reported that President Tinubu approved the postings of 65 ambassadors-designate and high commissioners to various countries and the United Nations (UN), with former aviation minister Femi Fani-Kayode assigned to Germany and presidential aide Reno Omokri to Mexico.
The presidency disclosed that 34 non-career and 31 career ambassadors have been assigned to their duty posts.
Among the high-profile non-career appointees, former Katsina State Governor Lieutenant General Abdulrahman Dambazau will serve in Beijing (China), while Senator Jimoh Ibrahim has been designated as Nigeria’s permanent representative to the United Nations.
Source: Legit.ng
