Barely a day after advising President Muhammadu
Buhari on what his administration needed to do to
salvage Nigeria’s economy, Charles Soludo, a
former Central Bank governor, has come under
fierce criticism from a Nigerian senator, Shehu
Sani.
Mr. Soludo can’t proffer solutions to Nigeria’s
economic woes when it was his policies, as head
of the apex bank, that brought the country to its
terrible state, Mr. Sani said.
Mr. Soludo, who spoke on Thursday at the 4th
lecture series of the Progressives Governors’
Forum in Kaduna, advised that, “The APC should
go back to its manifesto and instigate framework
that will engender the atmosphere for growth as
Nigeria cannot develop with the current structure
where institutions are created only to share from
the federation account.”
He said it was better Mr. Buhari’s administration
started thinking outside the box, rather than
continue to blame the past government for the
nation’s economic problems.
On the current administration’s fight against
corruption, the former CBN governor said: “I don’t
believe the way we are fighting corruption is the
way we should go about it. We are only fighting
corruption on the surface; we have to fight it from
the systemic level.”
But Mr. Sani, the All Progressives Congress
senator, representing Kaduna Central, responded
to Mr. Soludo’s advice, by saying that it would be
too early to forget that his (Soludo’s) stewardship
at the CBN was the foundation of the current
economic crisis in Nigeria.
The senator, in an email sent to PREMIUM TIMES,
Friday, said Mr. Soludo was entitled to his opinion,
but that it was good to remind him of the role he
played in bringing down the country’s economy.
“If Soludo and his Government had actually
implemented such lofty ideas of reforms, we
couldn’t have found ourselves where we are
today,” Mr. Sani said. “It’s too early to forget the
legacy of cronyism, elitism and vindictiveness
that occasioned the past administrations.
“Soludo was lucky to serve under a Government
that was powered by $140 per barrel and without
the headache, heartache and bloodshed that has
become of Niger Delta and the north east.
“Soludo need to be reminded that most of those
today on trial for stealing our public funds were
the same people rooted in the Government he
served before GEJ. Yes PMB is tackling the
‘symptoms of corruption,’ but the symptoms
were there for 16 years.
“If Soludo and others have combated the
symptoms, PMB could have now focused on the
ailment. It’s not in contention that blame game
by the PMB administration against GEJ must end
but under PDP three Governments for 16 years,
hardly a day passed without the same blame
game on late Abacha.”
Mr. Sani also attacked the APC governors for
inviting the former CBN governor to speak at the
lecture series.
“Those who invited Soludo did that to rubbish
PMB’s economic policies that they don’t have the
balls to do.
“What is the reason and the logic behind APC
chieftains inviting a PDP economist to lecture
them on the economy? The very party they
consistently deride for ruining this country for ‘16
years’?”

Warship:
From his comment, you will know why his region remains backward

Lifestone:
These guys in APC can't stand criticism, meanwhile they nearly gave High Blood pressure to GEJ.
I still have my doubts whether they are prepared for governance.
If you cant stand the heat, then stay out of the kitchen.

mamabomboy:
Ride on Senator. Don't mind those pathetic phools. They are being marshalled and led by the biggest phool in Nigeria, the Afonja King, HRM Obasandog. They have failed and will continue to fail. The end of the Ebola of Owo is near. If they like let them send the pope, Hillary Clinton and Mandela from the grave. Mr Dull**d will no longer listen to them.

Bitterleafsoup:
Soludo is from my state and I can tell you the mess up was big under him no lie!

Businessideas:

He is from Kaduna and the last time I checked, Kaduna is not one of those backward northern states and Kaduna state is far ahead most southern states. Meanwhile, forget the messenger and let's focus on the message. Seeing the mess in the banking system and scamming of people through purchase of bank shares and most importantly, the non diversification of the economy at the height of $140 per barrel of crude oil, Shehu Sani just reminded us that Soludo actually failed as a CBN governor. A CBN governor who was ready to redominate our currency at the height of peak crude oil earning makes is a foolish economist , thank God the late Yardua quickly stopped us from the severe consequences of that soludo madness. If that redenomination had succeeded that time, Naira would have become Zimbabwean dollars by now .
Thank God, Mr Henry Olujimi Boyo is still alive,he screamed to high heavens then that Soludo is a foolish economist and was practicing voodoo economics with The Nigerian economy. When this Baba Go Slow Emefiele retires now, he too who keeps making silly mistakes upon mistakes, will start advising, ko? Useless unpatriotic leaders who only know how to line their pockets with filthy lucre.
I don't blame Soludo,when the week already started with the nonsense from the leader of the most corrupt Nigerian government ever, Goodluck Jonathan, lying in an obscene manner that he left Nigeria as a Big successful economy ,why won't Soludo talk trash. Shehu Sani is on point joor!!!

Lightening:
An observation:
I am still waiting for Sani's rebuttal of of Sanusi's sucker punch. Both are immediate past successive governors of our economic powerhouse, CBN and they agreed to a large extent that the APC's government needed a reappraisal of their methods of government. Sani obviously cannot rebuke the Emir without political consequences that is why he is trying shine with Soludo. Feudalism is slavery and slaves are always cowards.

Sibrah:
I tried to explain to their dull brain in the Soludo thread but their bullet-proof skull won't allow intellectual bullets in. Soludo serve under a gov the experience the highest oil prices and revenue but couldn't do nothing and wants Buhari and APC to perform magic with empty purse.