CBN Gov. says Nigeria is bad in veiled comment


Governor of Central Bank of Nigeria, Godwin Emefiele may have come clean on his view of Nigeria’s situation in a veiled comment.

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Emefiele gave a hint of this when he appeared before the Senate Committee on Banking, Insurance and other Financial Institutions for screening as CBN Governor following his reappointment for another five-year term.

The CBN governor while lamenting the country’s economic situation, hit hard on saboteurs who he accused of circumventing the policies put in place.

He stated that the country is not on a par with her contemporaries.

His word, “I went to one Asian country. I entered the country happy, but I came out of the country sad. Sad because I could see the level of development that this country has achieved over the last 50 years.

“And I cast my mind back and looked at my country Nigeria, that what have we achieved? This is what gives me the push that at my age of 57, I saw this country when it was good.

“I am looking at the country today and I am saying I don’t want to say it is bad, but I want to say that we have a lot of work to do; because the country has no doubt receded somewhat.”

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