Nigeria: Sanusi's Inconsistent Consistency

20 February 2014

EVIDENTLY, the Governor of the Central Bank of Nigeria, CBN, has been quite loquacious. Since his ascendancy to the position of CBN Governor, there has been no holding the parrot's mouth. He has made his opinion readily available on every topic, including those vexatious political issues that had nothing to do with his role as the CBN Governor.

He soon appeared to have talked himself into irrelevance and not many were still prepared to keep listening to his monologue. Incidentally, talk-talk is not the stuff of which Central Bank Governors are made, the world-over. On the very rare cases where Central Bank Governors spoke, it was like the great oracle descending from a height to commune with earthly mortals. People listened with rapt attention and sometimes, the weight of their pronouncement sent shivers through markets across the world.

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