Oby Ezekwesili Blasts CBN Governor Emefiele

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Former vice president of the World Bank, Mrs Obiageli Ezekwesili has criticized the policies of the Central Bank of Nigeria (CBN) under the leadership of Mr Godwin Emefiele.

Ezekwesili, a former member of the federal executive council, condemned the CBN for pursuing what she described as an “anachronistic exchange rate management” which she said also actively rewards corruption.

Accusing the CBN Governor, Emefiele of doing more damage to the Nigerian currency in a bid to pander to political emotion, Ezekwesili advised that the most honourable path for the CBN in the present situation is to accept that it made the wrong decisions and reverse its steps.

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