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Charles Soludo - Goodluck Jonathan Run CBN Like IDI-Amin

Charles Soludo - Goodluck Jonathan Run CBN Like IDI-Amin Charles Soludo

An ex-governor of the Central Bank of Nigeria (CBN) has accused the immediate past president, Goodluck Jonathan of running the bank like Idi-Amin Dada who ruled Uganda.

Professor Charles Soludo, who said this while speaking with business edition of The Interview said, “Imagine a scenario where a president can order the CBN to create an intervention fund for national stability and CBN literally ‘prints’ say, N3 trillion, and doles it out cash to the Presidency to prosecute an election campaign or for just about anything he fancies. It is a scary thought.

“We are going down a dangerous path that ruins the economy. I don’t know any other country where such is tolerated, except perhaps what I watched in a movie about Idi Amin and his governor of central bank.”

Mr. Soludo added that, “Recent revelations regarding the ‘arms-gate’ (short for the $2.1billion scandal involving former NSA Sambo Dasuki) and the apparent abuse of the CBN as ATM by the presidency should get reasonable people thinking.”

Just recently, Soludo said the 2016 budget presented by President Muhammadu Buhari was the same as the one presented by immediate past president, Goodluck Jonathan.


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Staff K
Staff K

Francisca (Viv) has over 10+ years of writing experience in press releases, feature articles, promotions, copywriting for small businesses and manufacturers in various industries. She brings a wealth of experience and is the "calmer" when these is a storm. She loves to travel and read.

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