You Are Printing Money For Buhari Illegally, Pretending To Be Fighting Inflation- Moghalu Blasts EmefieleYou Are Printing Money For Buhari Illegally, Pretending To Be Fighting Inflation- Moghalu Blasts Emefiele
Social News

You Are Printing Money For Buhari Illegally, Pretending To Be Fighting Inflation- Moghalu Blasts Emefiele

Screenshot 2022 08 06 at 21 47 17 Scooper News You Are Printing Money For Buhari Illegally Pretending To Be Fighting Inflation Moghalu Blasts Emefiele

You Are Printing Money For Buhari Illegally, Pretending To Be Fighting Inflation- Moghalu Blasts Emefiele

Professor Kingsley Moghalu, an ex- Deputy Governor of Central Bank of Nigeria, CBN, has berated the Governor of the apex bank, Godwin Emefiele, over alleged politicization of the institution.

He added that Emefiele was printing currencies for the Federal Government illegally while pretending to be battling inflation via belated increase of Monetary Policy Rate.

Fight Against Inflation

He wondered how inflation could be fought successfully with some unhealthy practices being engaged in by the CBN boss.

Professor Moghalu kicked against the tag of the inflation in the country as a global phenomenon.

He noted that killing our own economy by our corrupt and incompetent actions was totally different from real global challenges.

Moghalu described as a tragedy the Finance Ministry’ s superintendent and the leadership of the CBN for seven years now.

He cautioned the incoming government to do the right thing by allowing independent Institutions to be so if the government wished to revive the economy.

He made this known in an article he released on Thursday.

According to him: He said, ” It’ s not often I agree with Nigeria’ s Minister of Finance Zainab Ahmed. Not because of anything but because I fundamentally disagree with what I consider her fiscal mismanagement of Nigeria. But at least she recently gave an honest assessment of how broke- assed Nigeria is now.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x