Buhari defends Emefiele's ‘unorthodox’ policies, says gov following alternative economic model | TheCable

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Buhari defends Emefiele's ‘unorthodox’ policies, says gov following alternative economic model | TheCable cenbank

In an interview with Bloomberg, the president said Emefiele is following an alternative economic model, which Nigeria should be free to adopt.

“The CBN governor is appointed by the President. But this appointment is subject to confirmation by the Nigerian Senate,” he said.“Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most effectively carry out his duties.

“Because the governor follows a model outside of the economic orthodoxy, he is labelled political. But the orthodoxy has proved wrong time and again,” Buhari added.“Instead, the governor is following an alternative economic model that puts people at the heart of policy. Nigeria should be free to choose its development model and how to construct our economy, so it functions for Nigerians.”

 

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cenbank GodwinIEmefiele They stole our country together, so he must have to praise him.

cenbank GodwinIEmefiele Does he understand the policies

cenbank GodwinIEmefiele 🤬

cenbank GodwinIEmefiele They should continue borrowing money from every country

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