Monday, 2 February 2015

Aunt Ngozi and Uncle Chukwuma are Fighting

Uncle Chukwuma Soludo who is a former Governor of the Central Bank of Nigeria and Aunt Ngozi Okonjo Iweala have decided to lock horns over the terrible and scaring dwindling turn Nigeria's economy has taken alongside the naira.

Uncle Chukwuma had alleged that over N30trillion had been stolen from the coffers of the Nigerian Government under the watch of the Minister of Finance, Aunt Ngozi

he also said that the nation is in for a very turbulent time this year because the economy had been grossly mismanaged under our dear Aunt Ngozi and Daddy GEJ


Meanwhile, Aunt Ngozi the Iron Lady quickly fired back in a press release, in which she noted that “It is a sad day for Nigeria and the economics profession that someone like Soludo, a former CBN governor, should write such an article. If Soludo wants to regain respect, he should return to the path of professionalism. He certainly needs something to improve his image from that of someone whose sojourn into national economic management ended in disaster for the banking sector.”

The Federal Government had last Wednesday described the five-year tenure of Soludo as the governor of the CBN between 2004 and 2009 as a disaster to the banking sector.

My curiosity is that when did the honourable minister, realised that CBN’s management of banking regulation was a disaster; the question is, did she ever bring her reservations about the potential adverse impact of Soludo’s mismanagement to President Obasanjo, and if not, did she choose to simply keep mute as her own expression of patriotism?

No comments:

Post a Comment

Fake Military Officer and two other suspect arrested for burglary incidents in Lakele Community, Kwara State

Kwara State command of the NSCDC has arrested a fake military officer identified as Abdulkadir Bolaji, 41 years and two others for sequence ...