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Nairametrics
Home Business News

Jonathan Ran Our Economy Like Idi Amin – Soludo.

Nairametrics by Nairametrics
January 18, 2016
in Business News
Jonathan Ran Our Economy Like Idi Amin – Soludo.

Jonathan Ran Our Economy Like Idi Amin – Soludo.

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Professor Charles Soludo is in the news again and this time he has gone after the ex President Goodluck Jonathan. Here is an excerpt of what he just said about the immediate past president.

Imagine a scenario where a president can order the CBN to create an intervention fund for national stability and CBN literally ‘prints’ say, N3trillion, and doles it out cash to the Presidency to prosecute an election campaign or for just about anything he fancies. It is a scary thought.

“We are going down a dangerous path that ruins the economy. I don’t know any other country where such is tolerated, except perhaps what I watched in a movie about Idi Amin and his governor of central bank….

“Recent revelations regarding the ‘arms-gate’ (short for the $2.1billion scandal involving former NSA Sambo Dasuki) and the apparent abuse of the CBN as ATM by the presidency should get reasonable people thinking.”

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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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