President Bola Ahmed Tinubu, on Wednesday approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria subject to confirmation by the Senate.
The appointment is in accordance with Section 8 ( 1) of the Central Bank of Nigeria Acts, 2007.
Yuguda’s nomination follows the recent appointment of the erstwhile Deputy Governor, Mr. Bala Bello, as Special Adviser to the President on Political Economy.
According to a signed statement by Bayo Ononuga, his Special Adviser on Information and Strategy, President Tinubu charged them to discharge their responsibilities with renewed dedication, professionalism and commitment to Nigeria’s economic stability and growth in their respective roles.
Lamido Yuguda’s last public post was as director – general of the Security and Exchange Commission, a position he held from 2020 to 2024.
He is alumnus of Ahmadu Bello University , where he graduated in 1983 with a B.SC. in Accountancy. In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria ( ICAN) and ( CFA) Chartered holder.
The statement concluded that he began his career in 1984 at Central Bank of Nigeria as a Senior Supervisor in Foreign Operations Department. He also worked as economist in African Department of International Monetary Fund ( IMF) from 1997 to 2001, when he returned to the CBN. He retired from CBN in 2016, after serving as Director of the Reserve Management Department for six years.
