Soludo, an embittered loser in search of relevance —FG




ABUJA — The Federal Government, yesterday, accused the former Governor of Central Bank of Nigeria, CBN, Prof. Chukwuma Soludo, of poor managerial ability, saying he was largely responsible for the N5.67 trillion contingent liabilities of distressed banks, bought up by the Asset Management Corporation of Nigeria, AMCON, to save the banking industry in 2008.

iweala-and-soludo1

Reacting to Soludo’s comments on the economic downturn in the country, the Federal Government also said the former CBN governor was “an embittered” loser in the Nigerian political space and out to discredit the administration of President Goodluck Jonathan.

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, in a lengthy response in Abuja, yesterday, said Soludo deliberately distorted facts to suit his mission when indeed, he should have hid his head in shame after plunging the Nigerian banking sector into an unprecedented crisis in 2008.

Okonjo-Iweala’s response was signed by her Special Adviser on the Media, Mr. Paul Nwabuikwu.

Embittered loser

She said: “It shows how an embittered loser in the Nigerian political space can get so derailed that they commit intellectual harakiri by deliberately misquoting economic facts and maliciously turning statistics on their head to justify a hatchet job.

“We cannot go by someone’s subjective view, driven by bitterness. We need to look to the truth and to professionalism. This is where Professor Soludo totally fails.”

She said Soludo was in desperate search for relevance in the country, after being left in the cold after his futile attempts to become governor of Anambra State.

According to her, “he claims in his article that he has had his own share of public service, yet he has failed twice in his attempts to be governor of Anambra State and Vice Presidential candidate of various parties.

Desperate search for power
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yeah

chukwuma na ngozi bu ndi ara, the should keep on disgracing themselvez.