Pecohub The recent appointment of new directors at the Central Bank of Nigeria (CBN) has sparked debate on social media over the ethnic composition of the selections.
According to a list circulating online, 16 directors were appointed across key departments including Monetary Policy, Trade and Exchange, Reserve Management, Statistics, and Financial Policy and Regulation.
A breakdown of the appointments shared online indicates that 11 of the appointees are of Yoruba extraction, three are Hausa, one is Igbo, and one is from Edo State.
The development has triggered conversations about federal character principles and equitable representation in top federal institutions. Some commentators questioned whether the distribution reflects Nigeria’s diversity, while others argued that appointments in regulatory institutions are often based on seniority, internal promotions, and professional competence.
The CBN has not issued an official statement addressing the ethnic breakdown of the appointments.
The Federal Character Principle, enshrined in the 1999 Constitution, mandates that public service appointments reflect Nigeria’s diversity to promote national unity and prevent dominance by any group.
