Senate Confirms Banire For AMCON, Adebisi Shonubi CBN Deputy Gov

Muiz Banire

SAN FRANCISCO, October 11, (THEWILL) – The Senate, on Wednesday, confirmed the appointments of Muiz Banire as Chairman of the Governing Board of Assets Management Corporation of Nigeria (AMCON) and Folashodun Adebisi Shonubi as Deputy Governor of the Central Bank of Nigeria (CBN).

The two confirmations were announced by the Senate on its Twitter handle, @NGRSenate.

“Mr. Folashodun Adebisi Shonubi is confirmed for appointment as the Deputy Governor of CBN,” it tweeted.

“The nomination of Mr. Banire, Muiz Adeyemi Ph.D, SAN for appointment as Chairman of the governing board of the Assets Management Corporation of Nigeria (AMCON) is hereby confirmed.”

The confirmation of the two appointments followed the recommendations of the Senate committee on Banking, Insurance and other Financial Institutions, headed by Senator Rafiu Ibrahim.

THEWILL recalls that President Muhammadu Buhari had nominated Shonubi for the CBN post in June. The president’s letter was read on 3 July, weeks before the senate went on its long recess on 25 July.

Buhari also sent Banire’s nomination to the Senate for approval on July 18. Banire from Lagos, is a Senior Advocate of Nigeria (SAN), a former commissioner in Lagos and the pioneer legal secretary of the All Progressives Congress (APC).

Shonubi will replace Adebayo Adelabu, who resigned to take part in politics in Oyo state. Adelabu is now the APC governorship candidate in the state.

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