The Senate has passed bills seeking to prevent the Governor of the Central Bank of Nigeria and Deputy Governors of the apex bank from participating in politics.
The bills were passed into second reading after the chamber considered two similar bills on Wednesday.
The similar bills were sponsored by the representative of Kogi West Senatorial District, Sunday Karimi, and the representative of Abia Central Senatorial District, Darlington Nwokocha.
While leading debates on their bills, both senators said the board of the apex bank should be restructured.
READ ALSO:
Updated: Tinubu appoints 10 RECS for INEC
Mathew Oseni gives the bully’s biography in ‘The Back Seat’, by Michael Olatunbosun
Tyson Fury reveals date for Oleksandr Usyk fight
Karimi saidL “I am proposing that we bring in the Auditor-General of the Federation, chair of FIRS and Chartered Institute of Bankers in Nigeria should be represented in the board of the CBN.
“The second area has to do with the CBN Governor participating in politics like we saw in the last election.
“We know the problem he almost caused for the nation.
“I’m proposing that section 9 be amended further that will ban the CBN governor and deputies from participating in politics when they are in service.”
The Kogi State senator said the most senior deputy governor should be given the responsibility of acting on the CBN governor’s behalf when they are absent.
In his own motion, Nwokocha said the CBN should be repositioned to achieve “its core mandates given the bank’s pivotal role in the economy”.
Follow The Eagle Online Channel on WhatsApp
