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Tuesday , 21 August 2018

Abba Kyari’s plot fails as Adamu becomes CBN dep gov

Mr. Kyari had attempted to stop the nomination of Mr. Adamu, a vastly experienced banker within the CBN ranks, by nominating his candidate, an indigene of Katsina State.

The move had generated bad blood within the CBN and government circles. Last week, Kyari refused to release the Presidential approval of the Adamu’s nomination to the media.

He proceeded to arrange a visit to the Presidential Villa by Katsina in an attempt to persuade the President to drop Adamu.

Intrestingly,many of the staff within the apex bank had planned to stoutly resist any attempt to impose Katsina, who visits the Economic and Financial Crimes Commission weekly on account of the huge fraud that occurred in Aso Savings. They were said to have supported Adamu because he is viewed as knowledgeable and dedicated.

He has spent 25 years in the CBN. The nominee was appointed as Director of Strategy in 2012. He became Director, Human Resources in 2016, from where he was nominated as Deputy Governor.

President Muhamamdu Buhari has nominated Mr. Edward Adamu, for appointment as the deputy governor of the Central Bank of Nigeria.

Adamu from Gombe State, replaces Mr. Sulaiman Barau, from Zaria, Kaduna State, who retired in December, 2017.

 A statement on Thursday by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, said a letter had since been sent to the Senate seeking Adamu’s confirmation.

The statement read, “In accordance with the provisions of Section 8(1) (2) of the Central Bank of Nigeria (Establishment) Act 2007, President Muhammadu Buhari has nominated Mr. Edward Lametek Adamu to the Senate for confirmation as Deputy Governor of the CBN. “This was contained in a letter dated January 26, 2018 to the Senate President, Bukola Saraki.

“Adamu, from Gombe State, replaces Mr. Sulaiman Barau, from Zaria, Kaduna State, who retired in December, 2017.

“The nominee, who has spent 25 years in the CBN, was appointed in 2012 as director of strategy.

“He became the director, Human Resources in 2016, from where he was nominated as deputy governor.”

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