Prof Charles Soludo had been heavily critical of the economic policies of the Jonathan administration. His criticism had been published as newspaper articles in major news dailies of numerous occasions. The Jonathan administration had in turn attempted to witch hunt the former CBN governor by using the Economic and Financial Crimes Commission [EFCC] to harass and embarrass him. The EFCC was successfully used to derail the 2012 gubernatorial aspiration of the former CBN governor. The EFCC finally cleared the former CBN governor of all wrong doing in February 2015.

Available information indicates that the former Central Bank of Nigeria [CBN] Governor, Professor Chukwuma Charles Soludo may have been presented by the former president of Nigeria, General Olusegun Obasanjo as the possible Minister of Finance for the Buhari administration. Prof. Soludo had served as a member of the economic team for the Obasanjo administration prior to becoming the governor of the CBN.

Soludo’s presentation to the incoming administration as the likely minister of finance is reported to have raised eyebrows within the inner circles of the All Progressive Congress [APC] – who explained that Soludo remains a card carrying member of the All Progressive Grand Alliance [APGA]. He complained that Soludo cannot be allowed to reap where he did not sow. The main chieftain of the party, Bola Tinubu is said to be among the APC members who were skeptical about Soludo’s possible appointment as Finance minister.

LRNZH:
More like Soludo criticisms of Emefiele's policies.

He said: ‘the element of the old ‘Buharinomics’

EternalTruths:
Buhari the confused President

He said: ‘the element of the old ‘Buharinomics’ that we need to change include Fix exchange rate, fix capital control, import bans and forex rationing”.

Kyase:

When he talked about gej you insulted him.
Now you change gear.

But, according to statistics from NBS, the PDP handed over a $550 billion economy (largest in Africa and 26th in the world), with 7.5% unemployment rate (better than European Union, France, Sweden, Belgium, etc although the underemployment figure is much higher); 32%?? poverty rate (as claimed by the former Finance Minister, or 61%??: NBS needs to clarify this claim); a stock of reserves of $30 billion; GDP growth rate averaging 6% over last 12 years; a relatively more diversified economy, with ICT penetration from 0.2% to over 60%, and a new contributory pension scheme now with trillions of Naira in pension fund. “Our external debt is down although total debt stock is escalating.

Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s).”

holyFRED:
How many Soludo's do we have in Nigeria?


Okay we have one on Nairaland and he's on front page saying the opposite of this thread

ITbomb:

That must have been Chukwuma Soludo before the selection of ministers, this is Charles Soludo after the swearing in of ministers

saint047:
Two things I don't understand

1. Why was there no FEC Meeting yesterday?
2. Why is there official silence on this news of missing soldiers?

Whynotthetruth:


In criticizing Jonathan he was contradicting himself...How can someone who had the worst economic team achieve the under listed according to Soludo himself?...


He told us where TI rated Nigeria but didn't tell us where they rated us in 2015 under Jonathan...

He told us he should have saved more because his predecessor did save but failed to tell us that Jonathan had about 150% wage increase for civil servants and NYSC...

Hatred makes people lose sense of reasoning... unfortunately truth like smoke will always find its way out with time...Just like buhari is continuing Jonathan agricultural innovation eg dry season farming using rice...auto policy etc

ITbomb:

That must have been Chukwuma Soludo before the selection of ministers, this is Charles Soludo after the swearing in of ministers

divinehand2003:
Another paper that leads no where. Okonji did her own rebasing of the Nigerian economy on paper without its actual rebasing in reality. We are tired of paper economics

Mogidi:


He's not alone in the criticisms, most financial gurus would agree with him on this one.

biafranqueen:

Why is it so hard for APC to give GEJ credit? If you don't appreciate what you have how can you expect to do better. They are cursing themselves by not excepting and continuing the great policies GEJs administration pushed through.

Whynotthetruth:


In criticizing Jonathan he was contradicting himself...How can someone who had the worst economic team achieve the under listed according to Soludo himself?...


He told us where TI rated Nigeria but didn't tell us where they rated us in 2015 under Jonathan...

He told us he should have saved more because his predecessor did save but failed to tell us that Jonathan had about 150% wage increase for civil servants and NYSC...

Hatred makes people lose sense of reasoning... unfortunately truth like smoke will always find its way out with time...Just like buhari is continuing Jonathan agricultural innovation eg dry season farming using rice...auto policy etc

Ravenwolf:
I am not trying to be partisan here but I kind of liked the stability that came with GEJ in some Sectors and areas of national life. I never had to pay 350 for a litre of petrol....

I had hoped PMB having toiled for twelve long years for the job would have the chops and know how to tackle Nigerias problem. I looked forward to real change but alas the feelers out there can send shivers down your spine. "Boko overtakes Isis" so we are in the record books again on a truly monumental scale. But in the not so distant past when we graced the record books it was for something positive “Africa's largest economy" a 500B behemoth. That news was uplifting, recent news? Certified Kill Joys.

Bitterleafsoup:
Your right about that. I remember how I felt so excited when I read Nissian and Kia signed contracts to manufacture cars in Nigeria. So many jobs!
That contract was cancelled and the used car tariff lowered again to encourage importation of cars from US. Most people did not know that Nigeria was one of the top destination for cars exported out of the states.