Lagos Group Asks CBN Gov Emefiele To Contest For 2023 Presidency

Lagos Group Asks CBN Gov Emefiele To Contest For 2023 Presidency

During a news conference in Lagos State, South West Nigeria, the group’s convener, Wale Fapounda, stated that the country requires a technocrat who can manage the country’s affairs.
The group went on to say that Emefiele understands global economic growth, which would drive him to accept the APC’s invitation to run for president.
Nigeria, according to Fapounda, would have gone the way of Zimbabwe and Venezuela if Emefiele had not controlled the economy during the COVID-19 lockdown.
“This forum has gathered to beseech and beg Dr. Godwin Emefiele to run for President of Nigeria in 2023,” he added.
“Since he was appointed the governor of the CBN he has spent his energy in building a resilient financial system that can serve the growth and development needs of the Nigerian economy.
A typical example of this was seen during his first term, he supervised an interventionist currency policy at the behest of the presidency, propping up the Nigerian Naira by pumping billions of dollars into the foreign exchange market.
“He also introduced a multiple exchange rate regime to try to mask pressure on the Naira and avoid a series of devaluations.
In addition to major macroeconomic problems such as inflation and exchange rate stability, he has devised bank policies and programs that have promoted job creation and fostered inclusive growth.
“He has devised new techniques for navigating the Nigerian economy through challenges such as foreign exchange inflow, exchange rate, economic crisis, stagflation, financial inclusion, and the rise in the value chain of the bulk of Nigeria’s crops.”
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