PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP   President Bola Tinubu has expressed profound sadness over the crash on Monday morning of a Nigerian Air Force ATR-42 jet near a naval base in the Igbokoda area of Ondo State.   The aircraft was on a routine mission from Benin to Lagos when the accident occurred.   The President extends his deepest condolences to the family of the 25 passengers and seven crew members involved, the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, and all officers, airmen and airwomen of the Nigerian Air Force.   "This is a painful moment for our Armed Forces and for the entire nation. Our Air Force personnel put their lives on the line every day to secure Nigeria. Their sacrifice will never be forgotten."   “The Chief of Air Staff has briefed me, and I have directed the Nigerian Air Force to immediately commence a thorough investigation in...
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PRESIDENT TINUBU NOMINATES LAMIDO ABUBAKAR YUGUDA AS CBN DEPUTY GOVERNOR. (PHOTO).#PRESS RELEASE

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 STATEHOUSE PRESS RELEASE 


President Tinubu nominates Lamido  Abubakar Yuguda as CBN Deputy Governor 


President Bola Ahmed Tinubu has 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 Act, 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.


The President charges 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 Securities and Exchange Commission, a position he held from 2020 to 2024.


He is an 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 a CFA charterholder.


He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.


He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.  He retired from the CBN in 2016, after serving as Director of the Reserve Management Department for six years. 


-Bayo Onanuga

Special Adviser to the President,

(Information and Strategy)

March 11, 2026

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