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Olugbemi. Adeyinka Ogunleye
1 year ago
Overview
Past CBN Governors Used Unorthodox Methods To Grow Nigeria’s Economy – Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) on Tuesday says his predecessor, Godwin Emefiele used a whole lot of unorthodox methods to grow Nigeria’s economy. Cardoso, who was appointed CBN governor by President Bola Tinubu in September 2023 made the remarks during his keynote interview at the ongoing Financial Times Africa Summit tagged ‘Driving Sustainable Growth Across Africa’ in London, United Kingdom.
While identifying investor confidence as a major challenge he faced when he assumed office, Cardoso said the CBN under his leadership will use orthodox methods and will do everything it takes to manage inflation. “Really and truly, what had happened is that a whole host of different, unorthodox methods were used to grow the economy. My own view is to use orthodox policies to manage the macro economy”.
https://thescrutinyng.com/2024/10/29/emefiele-used-unorthodox-methods-to-grow-nigerias-economy-cardoso/
