Senate considers ban of CBN governor, deputies from politics

Two bills seeking to ban the Governor of the Central Bank of Nigeria (CBN) and his deputies from participating in politics scaled the second in the Senate on Wednesday.

This followed the consideration of the bills sponsored by the Chairman of the Senate Services Committee, Sunday Karimi, and the lawmaker representing Abia Central Senatorial District, Darlington Nwokocha, at the plenary in Abuja.

In their presentation, the two lawmakers also proposed that the Auditor-General of the Federation, Chairmen of the Federal Inland Revenue Service (FIRS), and Chartered Institute of Bankers in Nigeria (CIBN) be represented on the CBN board.