An
ex-Governor of Central Bank of Nigeria (CBN), Chief Joseph Sanusi, on Saturday
urged President-elect Muhammadu Buhari to ensure unity and fairness in dealing
with all Nigerians, irrespective of political leaning. He gave the advice in an
interview with newsmen in Lagos.
“My
advice to the president-elect is that he should see himself as the father of
the nation and treat every region equally.
“He should also make sure that there
is equity and fairness among Nigerians. “He should put square pegs in square
holes,’’ he said.
On how
the president-elect could shore up the value of the
naira, Sanusi said there was need to “allow market forces to
determine the value of the naira’’. He said that the important thing was the
management of the economy, adding that currency was only an indicator of what
happened in the economy.
Sanusi
advised the incoming government to concentrate on the productive sector of the
economy rather than being import dependent. “The currency is a matter of
demand and supply; if we produce more, the currency will appreciate. “Like the
oil sector for example, I don’t think we have any reason to continue to
import oil.
“We
should build refineries here; it will create more jobs and there will be less
money to go out and the value of the currency will appreciate with that,’’ he
said. The former CBN boss expressed readiness to share his experience with
incoming government, if requested.
“I have
paid my dues to the nation, but if I am called to share my experience, I am
ready because the interest of this nation is my interest,’’ he said . Sanusi
was the governor of the apex bank from May 1999 to May 2004. On the election
process, he said accreditation was “fantastic and easier” now, compared
with the presidential election on March 28.
Vanguard
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