**Politicians think short term while CBN thinks long term.
"Do not temper with CBN autonomy," This was contained in a in a message issued out yesterday to the National Assembly by the CBN boss, Governor Sanusi Lamido Sanusi and former Information Minister, Frank Nweke (Jr) .
Speaking at the 2012 Annual Public Lecture organised by the law firm of
J-K Gadzama & Partners LLP, Mallam Lamido Sanusi, said if
politicians are allowed agile control of the CBN, it would not
efficiently accomplish its regulatory directive.
“Politicians and even the executive think short term. The CBN thinks long term. If you allow politicians to control the CBN, we will not achieve anything. Politicians will never allow us to manage inflation, interest rate simply because they want to win election.”
Feel FREE to SHARE!
“Politicians and even the executive think short term. The CBN thinks long term. If you allow politicians to control the CBN, we will not achieve anything. Politicians will never allow us to manage inflation, interest rate simply because they want to win election.”
Feel FREE to SHARE!
