FX crisis: How I and Sanusi stabilised the naira for five years – CBN ex-deputy gov, Moghalu

“We, of course, had high oil prices at that time which also was helpful. So, the reserves were never really above the early 40s, in terms of billions of dollars.

“We laid the foundation for the fintech boom that we are enjoying today. We introduced a lot of payment system innovations like the Bank Verification Number when I was deputy governor of operations and responsible for the payment system reforms.The ex-deputy governor of the apex bank lamented that the CBN has lost its autonomy to the political class and has little or no investors’ confidence.

“There was confidence in the Central Bank during my tenure as deputy governor of the bank. I am not sure it is the same today and there are many reasons for that; one of the reasons is that a Central Bank should endeavour to maintain its autonomy.

See the grammar of a professor who stabilised the naira, fixed Burundi and Romania.

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I believe he can do it . Buhari government is clueless.

Well Moghalu has never held executive position before, I will never support a Nigerian for higher office, if he has never held a higher office, it will be worse than Buhari

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Hmmmmmm

And I also remembered when you visited your village and gave the kids cabin biscuits as hungry kids 🤗🤗

And made Nigerians rich 🤑 and we became Dubai abi South Africa - 🤗🤗

This guy is not a honest man. He should tell Nigerians what happened to TREASURY UNDER HIMSELF AND SANUSI. Nigerians TREASURY was emptied out under him and SANUSI,he should keep quiet and stop spin around. SHORT AND SWEET.

I just don't like empty braggadacio

Shaarrap joor, if u guys had managed the economy well in the first place, u wouldn't need to break sweat to keep naira stable because oil price was at all time high,unlike that the price shitty and in lower demand.

MoghaluKingsley Where you not part of the idiot that invent rubber currency n coins we never used?

So now everyone accepts the.naura was stable under pdp

😂😂😂

How Sanusi and I, point of correction

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