in

Forex crisis: Tinubu’s solution is to sack CBN governor, says ex-spokesman

Tinubu Inaugurates Poverty Alleviation Fund
President Bola Tinubu

 

Daniel Bwala, who used to be the spokesperson for the presidential campaign of Atiku-Okowa, has called on President Bola Tinubu to fire the CBN Governor, Yemi Cardoso.

 

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

He suggested that Tinubu should appoint a new governor who has no background in banking and who would pursue reforms with determination.

 

He gave this advice as he analysed how to solve the Forex problem in the nation.

 

Posting in X, Bwala wrote: “The key to dealing blow to Forex crisis against the naira is a bit similar to the Enron Scandal in the US; which also require tough political decision.

 

READ ALSO: I have given up on Activism – Aisha Yesufu

 

“Simply sack all the bank execs; they are the only private sector players posting profits without loss since 2015 to date.

 

“Make them account for the FX they have been receiving from CBN 2015-2024.

 

 

“Force them to pay up all loans (if any) obtained from FGN in one week or seize their assets to recover same,

 

“Replace them with CBN complaint execs.

 

“Appoint a new CBN governor without a history of bank exec role who would be ruthlessly committed to this reform (if the present CBN governor is not prepared for that) Cardoso appears to be dancing around the elephant in the room.

@officialABAT must succeed with his reform agenda.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Lord Lamba

Child Custody Case Involving Lord Lamba Adjourned to July 18 After No-Show

FG Ready To Challenge States At Supreme Court Over VAT - Malami | Daily Report Nigeria

FG Ready To Challenge States At Supreme Court Over VAT – Malami