CBN Directors Protest as Cardoso’s Big Girls Consultants Receive ‘Obscene’ Salaries of N50m Naira monthly
Senior officials at the Central Bank of Nigeria (CBN) have expressed outrage over the hiring of consultants by Governor Olayemi Cardoso, alleging they wield monthly excessive influence and receive exorbitant salaries.
The consultants, notably Nkiru Balonwu and Daphne Dafinone, reportedly bypass the bank’s hierarchy, issue directives to directors, and earn far more than senior executives. Dafinone, who faces an upcoming fraud trial, allegedly receives ₦35 million monthly, while Balonwu is said to earn ₦50 million—higher than the CBN governor’s salary. Their appointment, made without a competitive process, has sparked widespread discontent among CBN staff.
