No politician will seize control of CBN under my administration – Cardoso vows.

No politician will seize control of CBN under my administration – Cardoso vows.

The recently appointed governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso has declared emphatically that no politician will take control of the apex bank during his administration.

Cardoso made this declaration while responding to a question posed by the Senate President, Godswill Akpabio, during his senate screening.

The question revolved around the issue of whether Dr. Cardoso would succumb to external influences or be swayed by politicians once he took up the mantle of leadership at the Central Bank of Nigeria (CBN).

Dr. Cardoso firmly asserted his response, stating that under his stewardship, the apex bank would remain impervious to any form of political manipulation or hijacking. This signifies his resolute commitment to preserving the institution’s autonomy and integrity.

It is important that we, who are considered for this position today, understand that this is a position of trust.

“With that comes a huge responsibility to meet up with that trust. I know that a lot of time and effort has gone into choosing the people who are standing here for nomination today.
“As far as I am concerned, under my leadership, we will not be hijacked by anybody. The idea is to ensure that we do what is right when it is right, and how it is right. We’ve seen what the effect of not doing right has been, and we do not intend for that to be repeated,” CBN governor responded.