A former Central Bank Governor, Charles Soludo, has reacted to the criticism of his earlier article by the Minister of Finance, Ngozi Okonjo-Iweala.
In a lengthy, over 6000 words article, Mr. Soludo on Sunday rejected claims by Mrs. Okonjo-Iweala that he performed poorly as governor of the Central Bank. He said his performance as CBN governor was unprecedented locally as well as globally acknowledged.
“In Nigeria’s history, no governor of the Central Bank has delivered 24 consecutive months of single digit inflation as I did until the advent of the unprecedented global crisis in 2008,” he said.
Mr. Soludo then challenged claims by Mrs. Okonjo-Iweala, who is also the Coordinating Minister of the Economy, that the Nigerian economy is doing well.