Yemi Cardoso Cries Out: “Why Nigerians Shouldn’t Blame Me For Economic Woes”

The New Diplomat
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By Abiola Olawale

The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso has distanced himself from the prevailing economic challenges grappling with the country.

The governor of the apex bank added that while his team are finding lasting solutions, he shouldn’t be blamed for the present economic turbulence in the country.

Cardoso, who spoke on Tuesday at the first Monetary Policy Committee (MPC) meeting, said the situation of the economic was caused by some past policies, adding his team is working to clean all the mess.

He added that some policies are being put in place to soften the condition of the country.

He said:”I laugh at that question, but it is not a laughing matter and I think it is very important for Nigerians to understand that the Central Bank Governor; I and my team, are not responsible for the woes that we have today; we are part of the solution.

“We are determined to ensure that we work hard to get out of the mess that Nigeria is in. We assumed responsibility in a time of crisis of confidence; there was a crisis of confidence, and you may all want to go to bed and wish that crisis of confidence was not there, but it was, and we can’t turn back the clock.

“All we can do is do the difficult things to make a bad situation better and I do believe that the efforts that we are making are beginning to bring back confidence because to be frank, without confidence in your business, you are not going to get far”.

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