A former Governor of the Central Bank of Nigeria, Professor Charles
Soludo, has accused former President Goodluck Jonathan of running the
apex bank during his presidency the way former Ugandan President, Idi
Amin, ran his country.
Similarly, the APC has said the opposition Peoples Democratic Party,
PDP, “squandered” the resources of the country, as the APC met nothing
on the ground to run the country.
Former President Goodluck Jonathan
In an interview in the current Business Edition of The Interview,
Soludo said it was regrettable that in spite of the bank’s statutory
independence, it continues to be a victim of high-wire politics, often
“electrocuting” the bank’s leadership.
According to him, “imagine a scenario where a president can order the
CBN to create an intervention fund for national stability and CBN
literally ‘prints’ say, N3 trillion, and doles it out cash to the
Presidency to prosecute an election campaign or for just about anything
he fancies. It is a scary thought.
“We are going down a dangerous path that ruins the economy. I don’t
know any other country where such is tolerated, except perhaps what I
watched in a movie about Idi Amin and his governor of central bank.
“Recent revelations regarding the ‘arms-gate’ (revelations involving
former NSA Sambo Dasuki on $2.1 billion arms scam) and the apparent
abuse of the CBN as ATM by the presidency should get reasonable people
thinking.” PDP govt embezzled our wealth —APC
Meanwhile, the APC has urged Nigerians to be patient with the government
of the President Muhammadu Buhari, assuring the people that the
president was committed reviving the economy.
Acting National Publicity Secretary of the party, Comrade Timi Frank,
while speaking exclusively to Vanguard in Abuja, yesterday, said:
“Personally, I am worried about the current situation of economy but
again I am letting you know it is not our fault because this is what we
met. We met a bastardized system. We took over from a government that
destroyed our economy. The PDP government embezzled the wealth of our
nation. So our economy is something we are fighting to survive.
“And I can assure you that our government is taking every necessary
step to make sure we revive our economy and that everything will come to
stay. Clearly, I can tell you that this is why the president is moving
round to make sure our economy stands again.
“The current situation of our country, I am asking Nigerians not to
blame President Buhari because he is working very hard to make sure
things go well with Nigerians that voted APC government to power. They
will not be disappointed.
“So, the blame goes back again to the previous government, the PDP
government which squandered and damaged the resources of our country.
And today, Nigeria as a nation is suffering because of them. But by the
grace of God, things will be fine again.”
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