BY COBHAM NSA, ABUJA – The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has flagged-off his second five year tenure, pledging to unveil a fresh roadmap for the apex Bank and the nation’s economy.
According to him, the new action plan will soon be unfolded after due consultations with critical stakeholders and relevant groups in the financial sector.
He said the new dispensation will see the CBN strengthening its partnership with the fiscal authorities to further engender growth and wealth creation in the country.
Mr Emefiele, whose re-appointment by President Muhammadu Buhari was confirmed by the Nigerian Senate on May 16, 2019, took his new oath of office on Monday in a ceremony administered by the CBN’s Secretary and Director, Corporate Secretariat Department, Mrs Alice Karau.
Speaking after his swearing-in, the CBN boss was full of thanks to God, President Muhammadu Buhari for nominating him, and the Senate for confirming his re-appointment.
According to the Director Corporate Communications, Mr Isaac Okoroafor, the apex Bank Governor also appreciated the management and staff as well as the media for their support all through his first tenure.
Mr Emefiele charged all stakeholders to brace up and strengthen efforts at building a healthy and stable financial system in the overall best interest of Nigeria.
He also restated CBN’s resolve to play an active role in supporting job and wealth creation towards sustainable economic growth and development in the country.
The statement by the CBN spokesperson also quoted Emefiele as saying; “We must strengthen our efforts over the coming years to stimulate growth and job creation in critical sectors of the economy, which will help insulate our economy from shocks in the global economy.
“We must also work to build a healthy and stable financial system that will contribute to the growth of our economy, while preserving price stability.”
The CBN chief, who admitted that the pace of Gross Domestic Product (GDP) growth remained fragile and below the rate of Nigeria’s annual population growth at 2.7 per cent, said that more work is therefore required in building a robust economy for the benefit of all Nigerians.
Received in the Bank premises by the four Deputy Governors, Mr Emefiele was visibly happy with the turnout of excited staff who thronged the oath-taking ceremony venue chanting his name.
Meanwhile, Mr Emefiele is scheduled to unfold his planned new 5-year road map for CBN and the economy at a World Press Conference in the next few days.