The Senate on Thursday confirmed Mr Adelabu
Adekola for appointment as Deputy Governor of
the Central Bank of Nigeria (CBN).
The confirmation followed the consideration of the
report of the Sen. Bassey Otu (PDP-Cross River)-led
Committee on Banking, Insurance and other
Financial Institutions on the screening of Adelabu.
Presenting the report, Otu said the committee had
screened Adelabu on Wednesday and having
answered questions satisfactorily, the committee
found him capable of handling the position.
The Deputy Senate President, Ike Ekweremadu,
who presided over Thursday’s plenary,
congratulated Adelabu and expressed the hope
that he would bring fresh ideas into the CBN.