Experts Rate Soludo Better Than Sanusi, Emefiele Worst

A group of experts under the auspices of ACIOE Associates have rated the former governor of the Central Bank of Nigeria [CBN], Prof. Charles Soludo far better than his successors, namely Sanusi Lamido Sanusi, immediate past, and the current governor, Godwin Emefiele.

Citing a Nairameterics Research, ACIOE Associates postulated that Nigeria’ economy grew at an average of 6.46% in 4 years under former CBN Governor Soludo, being the highest amongst the three recent governors.

ACIOE presented the statistical basis for its postulation as follows:

Prof. Charles Soludo

GDP — 6.46%

Inflation rate — 11.23%

Exch rate — 126.3

MPC — 11.87%

Highest MPC — 15%

Saving rate — 3.39%

Lending rate — 19.29%

On the rating of the immediate past governor, Sanusi Lamido Sanusi, ACIOE stated as follows:

GDP —  6.05%

Inflation rate — 11.04%

Exch. Rate —  155.74

MPC. — 12%

Highest MPC — 12%

Savings rate —  2.12%

Lending rate — 23.48%

On the current governor, Godwin Emefiele, the statistic shows:

GDP growth  — 0.95%

Inflation rate — 12.82%

Exch. Rate — 264.66

MPC — 12.82%

Highest MPC — 14%

Savings rate — 3.83%

Lending rate — 28.57%

ACIOE Associates is an advisory services firm providing solutions in strategy, government relations, regulatory affairs, economic development, investment facilitation and policy analysis.

Its team of experts support leading corporations, start-ups and non-profit organisations to uncover market opportunities, optimize business performance and design high-impact interventions to minimize risks in frontier markets and ensure sustainable social development across Africa.

Its objective is to deliver simple yet practical business solutions while providing exceptional support to our clients for success in the global community.