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Showing posts from January, 2022

The executive branch of government holds a monopoly on public policy.

The executive branch of government holds a monopoly on public policy. And, if policymaking is not shielded from fraught political interferences, no meaningful results will be achieved because most political interests are anti-people and at the same time pro-corrupt politicians.  Had Prof Soludo and Mr Sanusi (former heads of the central bank of Nigeria) been allowed at the helm of the institution for two consecutive terms of five years (a total of 20 years of them running the apex bank), regardless of who was holding the keys to the Aso Rock (Nigeria's equivalent of US White House or the UK’s 10 Downing Street), the Nigerian economy might not have slipped into the current steepest downturn. I have three brief points. My reasons--the duo have a couple of things in common: 👇 (1) In my opinion, they are skilled at central banking than all their predecessors as both of them hold degrees in econ. (2) They are highly ambitious! And would go to any length to protect their names-- to avoi