The Central Bank of Nigeria (CBN) has postponed the 293rd meeting of Monetary Policy Committee (MPC), which was supposed to occur on Monday and Tuesday, September 25 and 26, 2023.
The bank’s Director of Corporate Communications, Dr Isa AbdulMumin, made this known in a press statement, on Thursday.
The statement read, “The Monetary Policy Committee of the Central Bank of Nigeria has deferred its 293rd meeting scheduled for Monday and Tuesday, September 25 and 26, 2023, respectively.
“A new date will be communicated in due course. We regret any inconvenience this change may cause our stakeholders and the general public.”
Though the top bank did not tell why the meeting was postponed, it is likely connected to the delay in approving the newly appointed governor and deputy governors of the bank.
Earlier, President Bola Tinubu nominated Yemi Cardoso to head the CBN.
Tinubu also approved the nomination of four new deputy governors of the apex bank to serve for a similar duration of five years in the first instance, pending their confirmation by the Senate.
The nominees are Emem Usoro, Muhammad Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello.
However, the appointment of the CBN governor is subject to confirmation by the Senate, which is still on an annual recess.
The Senate spokesperson and the chairman, the Senate Committee on Media and Publicity, Yemi Adaramodu, said that the Senate would screen the governor and other executive of the CBN as soon as it gets an Executive Communication to that effect upon its resumption from its annual recess.
