By Francis Akinnodi
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Some economists have asked the newly-nominated Central Bank of Nigeria (CBN) governor, Dr Olayemi Cardoso, to maintain the independence of the apex bank for the sake of the economy.
Recall that on Friday, President Bola Tinubu nominated Cardoso as the new CBN governor for a term of five years at the first instance, pending his confirmation by the Senate.
Speaking with The Hope, Professor Timothy Awe set an agenda for the nominated apex bank governor.
The professor of Economics at the Ekiti State University, described Cardoso as a thoroughbred professional with the required experience to stir the ship of the CBN.
Onukwue said, “He is a thoroughbred professional with relevant cognate industry experience. With him and the Minister of finance and coordinating minister of economy, we expect a healthy balance in the application of monetary and fiscal policies in the management of the nation’s economy.
“He must however strive to maintain the independence of the apex Bank without wavering for the bank to attain its goals during his tenure.”
He said the nomination sends the right signals to the financial market stakeholders.
