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Senate confirms NDIC director for second term of five years

April 24, 2019
in Business News, Latest Nigeria News, Nigeria News
Senate confirms NDIC director for second term of five years
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The Senate on Wednesday today confirmed the appointment of Mrs. Omolola Edewor (Nee Abiola) as Executive Director, Corporate Services, Nigeria Deposit Insurance Corporation.

This followed presentation of the Committee on Banking, Insurance and other Financial Institutions by the Chairman, Senator Rafiu Adebayo, at plenary.

Presenting the report, Adebayo said the nominee, who is currently occupying same position, was screened and found worthy of being confirmed for a second and final term of five years.

“The committee held the screening and we went through her curriculum vitae, security clearance form and code of conduct bureau details.

“She hails from Ogun State and she will be in charge of the administrative running of the organisation.

“The committee also found out that the nominee has no petition against her and she is qualified to hold the position for another term.

” So, we recommend that she be confirmed.”

Seconding the committee’s recommendation, Senator Barau Jibrin (APC-Kano), said, “The nominee has shown to be eminently qualified and by her pedigree, she is qualified to be confirmed.”

President of the Senate, Dr. Bukola Saraki, put the confirmation to a voice vote and it was adopted by the lawmakers.

The committee had, on April 18, screened the nominee and promised to refer the report to the Senate in plenary.

Meanwhile, President Buhari had written the Senate, seeking Edewor’s confirmation in accordance with provisions of 5(4) of the Nigerian Deposit Insurance Corporation Act.

Mrs. Lola Edewor is the first daughter of the acclaimed winner of the 1993 presidential election, Moshood Abiola.

She is also a former member of the House of Representatives.

With the confirmation, Edewor will be serving her second and final term of five years as executive director.

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