CBN Deputy Gov On Economic Crisis: Why Moghalu Chooses Silence
CBN Deputy Gov Kingsley Moghalu's Stance
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has disclosed that he has declined virtually all requests for interviews on the country's economy from Nigerian media over the past several months. Moghalu explained that there was no point in a dialogue of the deaf, seemingly suggesting that President Bola Tinubu's administration is not ready to pay any attention to his ideas.
Economic Hardship and Government Response
His statement comes on the heels of the worsening economic hardship and hunger in the country, occasioned by the floating of the Naira and removal of the fuel subsidy by Tinubu's administration. Recently, financial analyst Kalu Aja criticized the government's implementation of palliatives, stating, “Tinubu's administration got it wrong”.
Moghalu's Perspective on Media Engagement
In the midst of these challenges, Moghalu has expressed a lack of willingness to engage in interviews, citing that he has already spoken extensively about potential solutions to Nigeria’s economic issues. His choice highlights a stark reality of the current economic discourse in Nigeria.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.