Nigeria: Another Look At Sanusi's Tenure

6 April 2014
opinion

Opening with "Exit Ideological Soludo, Welcome Pragmatic Sanusi" (ThisDay, Thursday, Wednesday July 22, 2009 pg 46), I had written newspapers articles at different stages of the Nigerian Central Bank governorship tenure of Sanusi Lamido Sanusi (SLS), a Kano Prince and Dan Majen Kano. He became Governor of Central Bank of Nigeria (CBN) on June 3, 2009. Unlike his accomplished predecessor in office Professor Chukwuma Soludo, and unlike a typical Nigerian elite, Sanusi had reportedly since 2011 indicated his desire for just a single term of four years as governor. My articles on Sanusi and the Central Bank of Nigeria included- The CBN Banking/Economic Elixir (2009), Doctrine of Necessity And Nigerian Economy (2010), Graveyard Economics (2011), Sanusi And CBN At Mid-Term (2012) and Nigeria's Political Economy And National Conference (2013). In the preceding Chukwuma Soludo tenure, I had contributed such newspaper articles as- On The Suspended New Naira Policy (2007), Financing Nigeria's Economic Development for Vision 2020 (2007), Inflation Targeting: Time For Soludo To Taste Unemployment (2008), Issues On The Economy, CBN And Other Matters (2008), Governor Soludo And High Interest Rate: Fallacy of Comparison (2008), Halting Nigeria's Drift Into Neo-Liberal Black Hole (2008), Production, Growth Targeting For Now (2008) and Economic Crisis: The Printing Press Option (2009).

Thus, I had diligently observed and regularly commented on the Central Bank particularly over seven years (2007 - 2014), while my engagement with the Nigerian Economy in published and unpublished articles and books occurred over some three decades (1985 - 2014) with such books as Nigeria: Solutions To Our Economic Megacrisis (Economics Applied To Problem-Solving In Developing Nations) (1985), A Giant In Renaissance (The Saga of A Land of Milk And Honey) (1989) and Planting Ideas (Selected Interventions In Nigerian Political Economy 1985 - 2005) published in 2006.

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