Economics

Abubakar Plans to Oust Nigerian Central Bank Boss If Elected

  • Presidential hopeful says Governor Emefiele not doing good job
  • Atiku Abubakar said he’ll float the naira to boost investment
Abubakar shares his views on the Nigeria’s central bank and the state oil company NNCP.Source: Bloomberg
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Nigeria’s main opposition candidate, Atiku Abubakar, said he would name a new central bank governor, float the naira and sell stakes in the state company that runs Africa’s biggest oil industry if he wins next month’s election.

“I don’t think he’s pursued the right policies,” Abubakar, 72, said of Governor Godwin Emefiele on Wednesday in an interview in Nigeria’s commercial capital, Lagos. “We have to have the right people in there.” He said he’d make the change when Emefiele’s first term ends in June.