Bala Bello, special adviser to the president on political economy, says his new role will enable him to work closely with President Bola Tinubu on the administration’s reform agenda.
On Wednesday, Tinubu approved the nomination of Lamido
Abubakar Yuguda as deputy governor of the Central Bank of Nigeria (CBN) to
replace Bello.
In a statement on Saturday, Bello expressed gratitude to
Tinubu for the opportunity to serve in the administration.
He pledged loyalty and professionalism in supporting the
government’s renewed hope agenda.
“I am grateful to President Tinubu for appointing me to the
Central Bank of Nigeria and giving me the privilege to serve for the past 30
months,” he said.
“I am even more grateful that he has now found me worthy to
serve as Special Adviser on Political Economy.”
Bello said the position places him in a vantage position to
support the administration’s political and economic reforms.
“It places me in a position to work even more closely with
the President and to contribute more meaningfully to the ongoing bold political
and economic reforms being undertaken by the administration,” he said.
Bello assured the president that he would discharge his
responsibilities with professionalism and loyalty.
“I assure the President that I will continue to serve with
professional aplomb and loyalty,” he said.
Before serving as deputy governor of the CBN, Bello worked
as executive director of the Nigerian Export-Import Bank (NEXIM Bank) from
April 2017 to September 2023.
He is expected to provide strategic advice linking political
considerations with economic policy in his new role.
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