I believe that Mr Godwin Ifeanyichukwu Emefiele is the lousiest central bank governor Nigeria has ever had ― and this is not because we have not had gentlemen hold that office. Arguably, he ranks as one of the worst persons that ever happened to that function anywhere in the world. You only need to have […]
I believe that Mr Godwin Ifeanyichukwu Emefiele is the lousiest central bank governor Nigeria has ever hadand this is not because we have not had gentlemen hold that office. Arguably, he ranks as one of the worst persons that ever happened to that function anywhere in the world. You only need to have followed reactions across social media platforms to get this.
This is but part of the story, however. At a personal level, my experience of Mr Emefiele was far more nuanced. Everywhere that I had the chance toI struggled to advert as much attention to the real and present danger that most of his policies represented to the economy. Given the goal and operational independence of the central bank, the danger of hard wiring these errors into the country’s economy loomed large for the 9 years that he held that office.
Attempts to muzzle me were of a different order of magnitude altogether. There was the benevolent variety. Largely persuaded that I was not the most set upon victim of Mr. Emefiele’s central bank’s “follicies”, the concern here was that I was needlessly running a deadly gauntlet.
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