The Senate, on Tuesday, announced the receipt of a request from President Muhammadu Buhari seeking the confirmation of five new and renewal of two members of the Monetary Policy Committee (MPC) in the Central Bank of Nigeria (CBN).

The two new nominees for confirmation are Prof. Mohammed Adaya Salisu, and Dr. Mo’Omamegbe; while those for renewal include: Prof. Michael Obadan, Prof. Festus Adeola Adenikinju, Prof. Aliyu Sanusi Rafindadi, Dr. Robert Asogwa and Alhaji Aliyu Ahmed.

The confirmation request, according to a statement by Ezrel Tabiowo, Special Assistant (Press) to President of the Senate, was contained in a letter dated February 23, 2022, which 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.