Former Nigerian governor Sanusi attacks current central bank policy

Sanusi says currency is overvalued and monetary policy must loosen

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Sanusi Lamido Sanusi

The former governor of the Central Bank of Nigeria issued a strong call for looser monetary policy and for a devaluation of the country's currency in a public speech on October 22.

Sanusi Lamido Sanusi said he spoke as a "friend" of the country's newly-elected government but proceeded to question its current economic policy, which is being implemented in large part by his successor as central bank governor, Godwin Emefiele.

Speaking during a speech accepting an All Africa Business Leaders award

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