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Emefiele is the worst CBN Gov In Nigeria - Moghalu

The former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, has explained the reasons embattled ex-CBN Governor, Godwin Emefiele, is the worst the apex bank has ever produced in the history of the country.

Moghalu, in a lengthy post on X Saturday via his verified handle, raised a concern about a report purported to be that of a CBN investigator appointed by President Bola Tinubu, made it to the public without a signature appended to it nor the President and his administration speaking about it.

He cited Emefiele’s incompetence, performance regarding the stability of the naira exchange rate and inflation, the “brazen illegal” provision of Ways and Means lending to the government, his “illegal” attempt to run for president, and the “incompetent” manner in which the naira redesign policy was handled as connected to why he has concluded him to be the worst and damaging CBN gov.

“The foregoing notwithstanding, my views on Emefiele’s performance as CBN Governor have been a matter of record even when many now opining on the matter of his performance on the job were mute, he said. “He is, without debate, the worst and most damaging Central Bank Governor in Nigeria’s history- incompetent and ill-prepared for the role, and from all available information from his actions, doubtlessly severely challenged with integrity.

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