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Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model - Politics - Nairaland

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Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by lalasticlala(m): 12:45pm On Jun 21, 2022
Again, President Muhammadu Buhari has expressed a vote of confidence in Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).

In an interview with Bloomberg, the president said Emefiele is following an alternative economic model, which Nigeria should be free to adopt.

When asked if he was concerned about the debate around the central bank’s independence following the governor’s interest in running for president, Buhari said “CBN’s board of directors [is] to determine whether a CBN governor’s actions have fallen foul of the laws”.

“The CBN governor is appointed by the President. But this appointment is subject to confirmation by the Nigerian Senate,” he said.

“Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most effectively carry out his duties.

Buhari said, “there is a subtext to the accusations” against Emefiele and his involvement in politics, stating that the conventional model has failed in the past.

“Because the governor follows a model outside of the economic orthodoxy, he is labelled political. But the orthodoxy has proved wrong time and again,” Buhari added.

“Instead, the governor is following an alternative economic model that puts people at the heart of policy. Nigeria should be free to choose its development model and how to construct our economy, so it functions for Nigerians.”

Upon the expiration of Emefiele’s first term as governor of the CBN in 2019, there were calls for Emefiele’s sack or voluntary exit.

President Buhari, however, sent Emefiele’s name to the senate for reappointment for another five-year term.

Upon approval, Emefiele became the very first person appointed to serve two terms as CBN governor since the return of Democracy in 1999.

https://www.thecable.ng/buhari-defends-emefieles-unorthodox-policies-says-its-alternative-economic-model

4 Likes 1 Share

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by spearman(m): 12:45pm On Jun 21, 2022
PRESIDOOOO MEFI
LOL
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Nobody: 12:46pm On Jun 21, 2022
Lool
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by bennybuhari: 12:47pm On Jun 21, 2022
Incompetent bunch. Remove Emefiele today and naira will gain massively to the dollar

62 Likes 6 Shares

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Bomboiy: 12:48pm On Jun 21, 2022
It is normal for Buhari a failure to defend another failure.

Another eight years of APC will see naira fall to 3000 per dollar.

60 Likes 8 Shares

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Frigga13: 12:50pm On Jun 21, 2022
Emefiele failed
Buhari failed
Apc as a party failed


Nigerians must not forget last 8 years in a hurry

A lot happened ..

We must retake our country from bandits and build a strong Naira

A vote for Apc is a vote for evil


Power to the people
North 2023

22 Likes 2 Shares

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by inoki247: 12:52pm On Jun 21, 2022
lol My prayer to God be say make God no give us 2 clueless person as he give us Buhari and Emefiele this coming 2023 at once ...

10 Likes 1 Share

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by OluwafuntoAK(f): 12:52pm On Jun 21, 2022
This man no go like relax

2 Likes

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by JohnieWalker12(m): 12:53pm On Jun 21, 2022
Buhari and Godwin is a disaster undecidedsmh

14 Likes 1 Share

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by iiifedimma(f): 12:53pm On Jun 21, 2022
Ok
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Klington: 12:53pm On Jun 21, 2022
Failure defending ineptitudeness.

2 Likes 1 Share

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by latolz: 12:53pm On Jun 21, 2022
EXPLICITLY DULL
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by adioolayi(m): 12:53pm On Jun 21, 2022
Alternative model..

That has embarrassed the Naira

That has made common commodities unaffordable to common man

That is responsible for unabated inflation

That has shut down many SME

Why is our President saying all these If he is not affected, are we saying all his relations or relations of his aides are not affected What kind of wicked statement is this

Emiefiele that should have been sacked how many years ago for failed policies

Na wa o

8 Likes

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by SouthSouth1914: 12:53pm On Jun 21, 2022
Just imagine a failure appreciating another failure!

7 Likes

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by money121(m): 12:54pm On Jun 21, 2022
Ok
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by DropsMic(m): 12:54pm On Jun 21, 2022
Birds of a feather

5 Likes

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Viraltrends123: 12:54pm On Jun 21, 2022
bennybuhari:
Incompetent bunch. Remove Emefiele today and naira will gain massively to the dollar

And he should be replaced with you, isn't it?
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by potbelly(m): 12:54pm On Jun 21, 2022
Mr president if you don't have understanding of the subject matter no need to make comments or ask for more info before you make comments...
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by 9jaRealist: 12:55pm On Jun 21, 2022
lalasticlala:
https://www.thecable.ng/buhari-defends-emefieles-unorthodox-policies-says-its-alternative-economic-model

I hardly ever agree with the Dullard of Aso Rock…
But conceptually I couldn’t agree more with him on this one.

The central bank in a developing country is a developmental institution…
It shouldn’t act like the Fed or Bank of England, limiting itself only to setting rates and broad monetary policy.

We can disagree with the efficacy of particular CBN policies…
But not with the general concept of it as a developmental institution.
>
PS: Of course this doesn’t mean that the CBN Gov should be acting as part of the administration, which Emefiele often does. sad
>

1 Like

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Cti28(m): 12:55pm On Jun 21, 2022
Failure recognising his fellow comrade.


But did Mr Presido really spoke those word? Lol he never did, its either Femi or Garba

1 Like

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by seunayantokun(m): 12:55pm On Jun 21, 2022
Who does the fly follows if not a person with sores?

1 Like

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Nobody: 12:55pm On Jun 21, 2022
Hmmm
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Slynation(m): 12:55pm On Jun 21, 2022
Nawa o... Anyways, I'm not surprised, All I see is two clueless fellow distributing and sharing achaic expired ideas while patting themselves on the back saying to eachother "You have done well"

An award "Top to bottom" ought to be presented to Buhari after the end of his regime because he really lived up to that slogan...

A wise man once told me "In the land of the blind, a one eyed man automatically becomes the king" little did I know he was indirectly referring to Nigeria...!!
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Quest7777: 12:55pm On Jun 21, 2022
I very much doubt if Buhari clearly understands what he is defending. cheesy

2 Likes

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by MANNABBQGRILLS: 12:56pm On Jun 21, 2022
Anything that will move our Darling nation forward is all we want at [b][/b].

Nigeria will be great in our lifetime.

God bless all sane , honest and hardworking Nigerians.

God bless Nigeria.

5 Likes 6 Shares

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Lagosianswag: 12:56pm On Jun 21, 2022
In a state of kleptocracy, you may often hear cacophonic gibberish from clueless nepotistic leaders undecided angry

...The Story of Nigeria Since 2015. embarassed
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by ponishah: 12:56pm On Jun 21, 2022
lalasticlala:


https://www.thecable.ng/buhari-defends-emefieles-unorthodox-policies-says-its-alternative-economic-model
Nothing good comes from buhari

1 Like

Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by Korojor: 12:56pm On Jun 21, 2022
K
Re: Buhari Defends Emefiele’s ‘Unorthodox’ Policies, Says It’s Alternative Model by MANNABBQGRILLS: 12:57pm On Jun 21, 2022
ponishah:

Nothing good comes from buhari
Wailers must ALWAYS wail cry cry cry
It's allowed tongue

6 Likes 5 Shares

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