Why Mr. Kalu Eke rejected nomination from president Tinubu to serve in CBN Board

Mr. Kalu Eke is confirmed by the head of Senate committee on Banking, Insurance and Other Financial Institutions, Senator Mikhail Abiru to have declined nomination to serve in the Central Bank of Nigeria Board of Directors.

Mr. Kalu Eke and four others: Mr Robert Agbide; Mr Ado Yakubu Wanka; Prof Murtala Sabo Sagagi; and Mrs Muslimat Olanike Aliyu were nominated by president Bola Ahmed Tinubu to the CBN Board.

Whereas four others showed up for screening at the Senate today, Mr. Kalu Eke was absent.  Speaking about the nominees in the Senate, senator Mikhail Abiru noted: “The nominee did not appear before the committee for screening. Therefore, the committee can’t recommend him for confirmation”.

But former Chief whip of Nigeria’s Senate, Senator Orji Uzor Kalu explained why Mr. Kalu Eke declined the nomination as it “conflicting” with his current engagement in the private sector.

“Mr President and Distinguished Colleagues, Mr Urum is my constituent, and he called to say there will be a conflict of interest in his nomination as CBN board director”, senator Orji Uzor Kalu explained.

“That he wishes to decline, while he has already informed the Governor of the Central Bank of Nigeria.”