speaker-photo

Dr. Godwin Emefiele

Governor Central Bank of Nigeria

Emefiele has been governor of the Central Bank of Nigeria since 2014. During his first term, he supervised an interventionist currency policy at the behest of the presidency, propping up the Nigerian Naira by pumping billions of dollars into the foreign exchange market. He also introduced a multiple exchange rate regime to try to mask pressure on the Naira and avoid a series of devaluations.[6]

In 2019, Nigeria's Senate approved a second five-year term for Emefiele.[7][8] This is the first time that anyone will serve for a second term since Nigeria's return to democracy in 1999.[9] Senator Bukola Saraki read President Buhari's letter on Thursday, May 9, 2019.[10] He was screened on Wednesday[11] and his confirmation came on Thursday, May 16, 2019.