Saturday, February 22, 2014

SANUSI SET NIGERIA BACK 10 YEARS AS CBN GOVERNOR - PROF. PAT UTOMI

Prof. Pat Utomi
Yesterday, Prof. Pat Utomi a renowned scholar and Economist was a guest lecturer at the 27th
Convocation Lecture of the University of Calabar. He spoke on the topic; POLICY AND THE PURSUIT OF POVERTY - THE TROUBLE WITH NIGERIA AND THE HOPE OF RENAISSANCE. Prof. Utomi in the lecture, said that the discovery of oil and the wealth that comes with it meant that creativity eludes Nigeria. He said Nigeria was sliding backward due to weak institutions using the CBN as the manager. Utomi also added his voice to the Sanusi saga by insisting Mallam Sanusi deserved what he got. He opined that Sanusi set the country back 10 years as CBN Governor. He said SLS lacked the charisma required of a CBN Governor, arguing that Sanusi is more disposed to Politics and Argument than leading the apex bank. He said Northern Nigeria has the highest number of Local Govts in Nigeria and draws subtantially from the federation accounts. But they remain the poorest.

Source: http://www.facebook.com/photo.php?fbid=10151846354891652&set=a.10151569807461652.1073741828.507536651&type=1

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