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Tag Archives: chukwuma soludo

Economic Crisis: Government brought in TSA that did not allow spending and fixed the price of foreign exchange – Soludo  

Chukwuma Soludo, has blamed the country economic woes on bad government policies executed in the time of boom. He said that the foundation for the recession was laid by the previous administration, which he said, borrowed to fund recurrent expenditure at a time when oil prices were as high as over 100 dollars to a barrel. Soludo said this on ...

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FOREX control damaged business confidence and private investments, with massive capital flight – Prof Soludo

  Chukwuma Soludo, a professor of economic and a former governor of the Central Bank of Nigeria, CBN, has said the size of nation’s Gross Domestic Product  has shrunk from about $575 billion to about $354 billion.   Soludo said this on Friday, March 10, 2017 in Lagos at an economic talk shop, organised by the Vanguard newspapers.   The ...

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Don’t sell national assets; it will be a historical mistake! – Soludo

The federal government will be repeating mistakes of the past should it sell some of the nation’s assets as has been proposed in some quarters, Chukwuma Soludo, former governor of Central Bank of Nigeria (CBN), has said.   Asset sale has recently emerged as one of the strategies for Nigeria’s quick exit from its current economic recession, and notable public ...

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Abandon ‘Buharinomics’ if you want to save economy, Soludo warns Buhari

Former Governor of the Central Bank of Nigeria (CBN), Professor Charles Soludo has called on President Muhammadu Buhari to abandon what he termed the ‘old Buharinomics’ if he must bring about the desired change in the country. Soludo made the call while delivering a lecture at the Realnews third annual lecture in Lagos on Thursday which he titled ‘Avoiding the ...

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