Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi spoke at the weekend of the qualities expected of his successor.
Sanusi, due to step down as CBN boss in June, said whoever will be
picked by President Goodluck Jonathan to take over at the apex bank
must be able to develop the market.
“Central banking has changed. I think the market has developed. To
be honest, if any Central Bank Governor misbehaves, the market punishes
the economy immediately. So, the market is a major factor. Even as a
governor, by the time your capital market crashes, and your currency
goes down, you will know that it is either you restore stability, or
you are out of the job. That’s important,” he said.
Sanusi, who has said he would not seek reappointment at the
expiration of his five-year tenure, spoke at the weekend during the
Women in Successful Careers (WISCAR) fifth anniversary in Lagos.
...abeg we dey wait when him tenure go finish o. He should leave his successor for now...when we reach the bridge we will know how to cross it.
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