Upon his re-appointment the Governor of the Central of Nigeria Godwin Emefiele has said Nigerians should prepare for a rough and tough road ahead. He said good policies are always be in place but the implementation of these policies is the major issue. He said this is due to the lack of the rule of law.
Major Nigerian Newspapers have more about this story:
Guardian Newspaper: Nigeria has receded, Emefiele declares
After reviewing the nation’s economic development for the past 50 years, the Governor of the Central Bank of Nigeria Godwin Emefiele during his screening with the Senate prior to his re-appointment has said “the country has receded”.
Emefiele said times ahead would be very tough and rough too. He said he is saddened that Nigeria has not achieved much development in the last 50 years. He said according to the World Bank/IMF World Economic Outlook, Nigeria is positioned be the third largest population in the world surpassing China and India by 2050.
Punch Newspaper: MAN, LCCI react as CBN gov says road ahead still rough, very tough
Yesterday during his Senate screening following his re-appointment, the Governor of the Central Bank of Nigeria, Godwin Emefiele, said the road ahead of the country’s economy is still rough, urging Nigerians to pray for President Buhari’s administration.
Members of the Senate Committee on Banking, Insurance and other Financial Institutions questioned Emefiele on various issues affecting the economy.
Responding to some comments by members of the panel, he said good policies have always been put in place but some Nigerians are just bent on sabotaging the implementation of these policies.
Sun Newspaper: PDP, Atiku beating drums of war –FG
The Federal Government via the Minister of Information and Culture, Lai Mohammed has accused the opposition People’s Democratic Party and former Vice President Atiku Abubakar as desperate and trying everything possible to sabotage President Buhari’s administration.
He said the politics played by the PDP is toxic and undemocratic.