https://www.naij.com/1079059-economic-crisis-even-abacha-buhari-former-cbn-director.html


A former director at the Central Bank of Nigeria (CBN) has called on President Muhammadu Buhari to work towards restoring Nigeria’s economy.

In an interview with The Cable, Akpan Ekpo said leadership entails working with experts in relevant fields to achieve a desired result.


Condemning the use of non-professionals as head of key sectors, Ekpo, a former vice chancellor at the University of Uyo said Nigeria’s economy would soon become like that of Zimbabwe or Venezuela if not professionally managed.

“More so, when some people running the key ministries are not in the profession that you need to look at the economy. They are either core politicians who have not been involved in running an economy for a long time,” Ekpo said.

“I will give you an example. During the tenure of late General Sani Abacha, he appointed Chief Anthony Ani as minister of finance. But Anthony said he is an accountant and that he does not think he has what it took to run the economy alone.

“So, Abacha approved for him a ministerial advisory committee. He brought in only economics and a lawyer to drive the process during that process. Go and look at the macro-fundamentals at that period. And there was a link between the ministerial advisory committee and the national economic team headed by Prof. Sam Aluko.

“So, even Abacha who was a dictator left the economy to be run by experts and the economy did well then. I was involved. In fact, I was the chairman of that ministerial committee in the ministry of finance for four years. We ran the economy.”

But Nigeria is already worse , people are already queuing for rice ? Most ATMs in Lagos are out of cash and banks are finding it super hard to restock them

The closing sentence....

ATM is drying up and is now fully cashless.

Banks doors now is programmed to reject entry into the bank to reduce number of people going into the bank hall.

Everywhere is standstill.

psucc:
ATM is drying up and is now fully cashless.

Banks doors now is programmed to reject entry into the bank to reduce number of people going into the bank hall.

Everywhere is standstill.

Abeg this lie na inside devil's other room you concoct am?

Atiku2019:

Banks are struggling and they are losing money fast!

We are heading to a currency collapse soon and with banks on the verge of collapse, many people will start rushing to withdraw their money which will force this govt to order a currency crack down by issuing new notes to force people back to the banks.

You thought 2016 was tough? Wait and see utter cluelessness from buhari in 2017

Nigeria economy is in a state of coomatose, Buhari shld Resign immediately

RevDesm0ndJuju:


Banks are struggling and they are losing money fast!

We are heading to a currency collapse soon and with banks on the verge of collapse, many people will start rushing to withdraw their money which will force this govt to order a currency crack down by issuing new notes to force people back to the banks.

You thought 2016 was tough? Wait and see utter cluelessness from buhari in 2017

I won't be surprised. I still cannot fathom what some foolish pigs saw in endorsing this curse only fit for the evil forest for presidency.

Buhari beg MMM to come back. They kept people busy and off your cluelessness. Now you will face massive heat and anger of the masses whose lives you are joking with

freeze001:


I won't be surprised. I still cannot fathom what some foolish pigs saw in endorsing this curse only fit for the evil forest for presidency.

Hahahhahahahahahaha guy easy

malel1:



Hahahhahahahahahaha guy easy

It's lady please...

Mmmmmh

Kai, Sam Aluko, brilliant no nonsense economist .

They don't come like that anymore

Stalwert:


Abeg this lie na inside devil's other room you concoct am?

Guy did I not mentioned the. bank name and address?

If you're in Uyo, you will understand. Support but never be blind