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Buhari seeks confirmation, membership renewal of Monetary Policy Committee

  • Senate receives president’s request for bill to reposition digital technology in Nigeria 

The Senate has received a request from President Muhammadu Buhari seeking the confirmation and renewal of members of the Monetary Policy Committee in the Central Bank of Nigeria (CBN).

The confirmation request was contained in a letter dated 23rd February, 2022.

The letter was read during plenary by the Senate President, Ahmad Lawan.

President Buhari, in the letter addressed to the Senate President, explained that the confirmation and membership renewal request was made pursuant to Section 12(4) of the Central Bank Act, 2007.

The President requested the confirmation of two new nominees and renewal of five members of the Monetary Policy Committee.

The two new nominees for confirmation are Prof. Mohammed Adaya Salisu and Dr. Mo’Omamegbe. 

Those for renewal include: Prof. Michael Obadan, Prof. Festus Adeola Adenikinju, Prof. Aliyu Sanusi Rafindadi, Dr. Robert Asogwa and Alhaji Aliyu Ahmed.

Senate receives Buhari’s request for bill to reposition digital technology in Nigeria 

The Senate has received the Nigeria Startup Bill transmitted to the National Assembly by President Muhammadu Buhari.

The bill was accompanied with a letter dated the 21st February, 2022, and read during plenary by the Senate President, Ahmad Lawan.

President Buhari in the letter explained that the Startup bill seeks to position the country’s Startup Ecosystem and to establish a National Council for Digital Innovation and Entrepreneurship.

The letter reads in part, “Pursuant to Sections 58(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), I hereby forward The Nigeria Startup Bill, 2021 for the kind consideration of the Senate.

“The Nigeria Startup Bill, 2021 aims to position Nigeria’s Startup ecosystem, as the leading digital technology center in Africa, having excellent innovators with cutting edge skills and exportable capacity, in order to do this, the Bill seeks to establish a National Council for Digital Innovation and Entrepreneurship.

“While hoping that this submission will receive the usual expeditious consideration of the Senate, please accept, Distinguished Senate President, the assurances of my best regards.”

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