2023 presidency: Should Emefiele contest?

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Balance of Power: Southern unity is crucial to Nigeria’s stability
Balance of Power: Southern unity is crucial to Nigeria’s stability

By Olu Fasan

CENTRAL Bank governors are special breeds. They are critical to the success or failure of national economies. Their words and actions, direct or indirect, can move markets and affect economic performance. Consequently, Central Bank governors are traditionally conservative, usually circumspect and circumscribed in what they say or do.

It is, therefore, absolutely unprecedented, utterly beyond the pale, for a Central Bank governor to be associated, even remotely, with nursing a presidential ambition, and with politicking, while still in office. Yet, that’s what is happening in Nigeria, a country where the rules and norms of civilised nations, the ethos of good governance, do not apply.

For over a year now, speculations have been rife, recently reaching fever pitch, that Godwin Emefiele, governor of the Central Bank of Nigeria, CBN, is interested in running for president in 2023. Several people and groups have spent hundreds of millions of naira on a…



Source: Vanguard Newspaper