Business Charles Soludo Condemns Buhari's Economic Management Style

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Nigeria - Ex Central Bank Governor, Professor Charles Soludo has faulted president Muhammadu Buhari's governing style.

The ex CBN governor said Buhari has to abandon what he termed the ‘old Buharinomics’ if he must bring about the desired change in the country.

He spoke while delivering a lecture titled ‘Avoiding the mistakes of the last Buharinomics’ in Lagos on Thursday.

Soludo said there seemed to be a perception of the sense of nostalgia, a thing about command and control regime battling with what is required in a competitive market economy worldwide.

He said: ‘the element of the old ‘Buharinomics’ that we need to change include fixed exchange rate, fixed capital control, import bans and forex rationing”.
 

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Maybe he was waiting for a minsiterial position and when he didn't get one he decided to speak out. JK
 
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