The new Chairman of the Board is James Olugbenga Akintola, who succeeds Tunde Lemo, after the latter voluntarily stepped down. Other members of the old Board have their terms renewed.
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The former Deputy Governor of the Central Bank of Nigeria and Chairman of the Federal Emergency Road Maintenance Agency offered the explanation in a report by Thisday.
Abiodun, the candidate of the All Progressives Congress for the governorship election that produced him, released the list of members of the committee on his Twitter handle on Saturday
The Senate on Thursday mandated its Committee on Federal Character to investigate alleged lopsided appointments into Federal Government agencies.
The Senate President, Dr. Abubakar Bukola Saraki, had read The President’s letter on the floor of the Senate in which former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo, was nominated as Chairman of FERMA.
Mohammed Nakorji, the Assistant Director Press in the Office of the Secretary to the Government of the Federation, disclosed this in a statement on Friday in Abuja
He explained that the RTGS was an inter bank payment infrastructure that was facilitating the real time settlement of electronic funds transfers on gross and irrevocable basis
“The public will get a large quantity of the new notes to replace the old and mutilated notes, particularly the higher denomination notes, in the first instance, then later the lower denominations