Buhari Defends Emefiele’s ‘Unorthodox’…

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Buhari Defends Emefiele’s ‘Unorthodox’…

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CBN Governor –

President Muhammadu Buhari has reiterated his in Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).

In an interview with Bloomberg, the president said Emefiele is following an alternative model, which Nigeria should be free to adopt.

When asked if he was concerned about the around the central bank’s following the governor’s interest in running for president, Buhari said “CBN’s board of [is] to determine whether a CBN governor’s actions have foul of the laws”.

“The CBN governor is appointed by the President. But this appointment is subject to confirmation by the Senate,” he said.

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“Ultimately, it will be for the CBN’s board of directors to determine whether a CBN governor’s actions have fallen foul of the laws in place to ensure he can most out his duties.

Buhari said, “there is a subtext to the accusations” against Emefiele and his involvement in , stating that the conventional model has in the past.

“Because the governor follows a model outside of the economic orthodoxy, he is labelled political. But the orthodoxy has wrong time and again,” Buhari added

“Instead, the governor is following an alternative economic model that puts people at the of . Nigeria should be free to its development model and how to construct our economy, so it functions for .”

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