Governor of the Central Bank of Nigeria
From Wikipedia, the free encyclopedia
The Governor of the Central Bank of Nigeria is the head of the Central Bank of Nigeria, and is the active executive officer of the Board of Governors of the Central Bank. The governor presides at meetings of the Board.
| Governor of the Central Bank of Nigeria | |
|---|---|
since 15 September 2023 | |
| Central Bank of Nigeria | |
| Style | Mr. Governor |
| Member of | Board of Governors |
| Reports to | President of Nigeria Nigerian Senate |
| Seat | CBN Building Abuja |
| Appointer |
|
Constituting instrument | CBN Act |
| Formation | July 24, 1958 |
| First holder | Roy Pentelow Fenton |
| Deputy | Deputy governor of the Central Bank of Nigeria |
The governor is nominated by the president of Nigeria and confirmed by the Nigerian Senate; the officeholder serves concurrently as a member of the Board of Governors. Roy Pentelow Fenton was the first governor who served from 24 July 1958 to 24 July 1963. He handed over to Aliyu Mai-Bornu (1919–1970), who became the first Nigerian governor. Abdulkadir Ahmed (1940–1997) served as the longest officeholder from 28 June 1982 to 30 September 1993.[1]
Yemi Cardoso was appointed as governor on 15 September 2023 by President Bola Tinubu.[2][3]
Appointment
List of governors
The following is a list of past and present governors of the Central Bank of Nigeria. Since CBN was established in 1958, the following people have served as governor.[4][5]
| # | Portrait | Name (birth–death) |
Term of office | Tenure length | Appointed by | |
|---|---|---|---|---|---|---|
| Start of term | End of term | |||||
| 1 | Roy Pentelow Fenton (1918–1979) |
24 July 1958 | 24 July 1963 | 5 years, 0 days | ex officio | |
| 2 | Aliyu Mai-Bornu (1919–1970) |
25 July 1963 | 22 June 1967 | 3 years, 332 days | Abubakar Tafawa Balewa | |
| 3 | Clement Isong (1920–2000) |
15 August 1967 | 22 September 1975 | 8 years, 38 days | Yakubu Gowon | |
| 4 | Adamu Ciroma (1934–2018) |
24 September 1975 | 28 June 1977 | 1 year, 277 days | Murtala Muhammed | |
| 5 | Ola Vincent (1925–2012) |
28 June 1977 | 28 June 1982 | 5 years, 0 days | Olusegun Obasanjo | |
| 6 | Abdulkadir Ahmed (1940–1997) |
28 June 1982 | 30 September 1993 | 11 years, 94 days | Shehu Shagari Ibrahim Babangida | |
| 7 | Paul Agbai Ogwuma (born 1932) |
1 October 1993 | 29 May 1999 | 5 years, 240 days | Ernest Shonekan | |
| 8 |  |
Joseph Oladele Sanusi (born 1938) |
29 May 1999 | 29 May 2004 | 5 years, 0 days | Olusegun Obasanjo |
| 9 | Charles Soludo (born 1960) |
29 May 2004 | 29 May 2009 | 5 years, 0 days | ||
| 10 |  |
Sanusi Lamido Sanusi (born 1961) |
3 June 2009 | 20 February 2014 | 4 years, 262 days | Umaru Musa Yar'Adua |
| – | Sarah Alade | 20 February 2014 | 3 June 2014 | 103 days | Goodluck Jonathan | |
| 11 | _(cropped).jpg) |
Godwin Emefiele (born 1961) |
3 June 2014 | 9 June 2023 | 9 years, 6 days | Goodluck Jonathan Muhammadu Buhari |
| – | Folashodun Shonubi (born 1962) |
9 June 2023 | 15 September 2023 | 98 days | Bola Tinubu | |
| 12 | Olayemi Cardoso (born 1957) |
15 September 2023 | Incumbent | 2 years, 360 days | ||