Emefiele, CBN And Our Future BY REUBEN ABATI abati1990gmail.com (mailto:abati1990gmail.com) At some point later today, January 24, the Governor of the Central Bank of Nigeri
At some point later today, January 24, the Governor of the Central Bank of Nigeria, Godwin Emefiele is bound to be back in the news as the CBN’s Monetary Policy Committee concludes its 289th meeting and offers its position on the future direction of the country’s macro-economic environment.
Justice Maryam Hassan made the additional point that if the DSS wants to arrest the CBN Governor, it should have sought the clearance of the President of the Federal Republic of Nigeria to start with, or put the accused person on notice given the strategic position that he occupies and the implications for national security, financial stability and the flow of foreign investments. Obviously, it would appear that the DSS did not inform the President and if they did, nobody has told us.
But what I find curious, and let me discharge this quickly is that more than any other CBN Governor before him, Godwin Emefiele has been a far more hands-on regulator and administrator. His remit is monetary policy but under his watch the CBN has been at the centre of everything, completely over-stretched beyond its traditional mandate. I don’t consider this to be a good thing.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Are Ahmed, Emefiele Delaying Passage Of N23.7trn Ways And Means?The Senate had accused the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the Governor of the Central Bank of Nigeria (CBN), Godwin
Read more »
Buhari, Emefiele’s buga handshake, By Festus AdedayoThis week, there will be a stampede in Nigeria. Stampede for the new Nigerian currencies. The Central Bank of Nigeria (CBN’s) policy of currency change has been variously lauded for its power to purge the system of slush funds warehoused for election purposes. However, its symptom as a vengeful political weapon manifests as preparations towards […]
Read more »
MPC decides on key policy issues as Emefiele chairs meetingIn November, Mr Emefiele said previous increases in rates were beginning to yield results and there was a need to keep tightening
Read more »
New Naira Notes: Clerics Commend CBN, Charges Bank To Increase AwarenessAddressing traders at Garki modern market in continuation of CBN’s sensitisation of Nigerians on the new naira notes and cashless policy, Kuru said “You all
Read more »
CBN Introduces Cash Swap Policy For New Notes In Villages, OthersThe Central Bank of Nigeria(CBN) has directed deposit money banks, super agents as well as mobile money operators to swap the old N200, N500 and N1,000 for
Read more »
Governors Not Opposed to Naira Redesign, Seek Engagement with CBN – THISDAYLIVE
Read more »