• Soludo reveals how Buhari can become Nigeria’s greatest statesman

    Soludo reveals how Buhari can become Nigeria’s greatest statesman

    Former governor of the Central Bank of Nigeria, Prof. Charles Soludo, has stated that for President Muhammadu Buhari to become the greatest statesman ever, he needs to bequeath to Nigerians a new constitution that is negotiated by the people of the country, adding that this will place him in the mold of Abraham Lincoln of America.

    “We need a new constitution negotiated by the people of Nigeria, if this is the only achievement of President Muhammadu Buhari, he would have been […]

  • Don’t ignore calls for Biafra – Soludo tells Buhari

    Don’t ignore calls for Biafra – Soludo tells Buhari

    Former Central Bank of Nigeria (CBN) Governor, Professor Chukwuma Soludo, has advised the Federal Government to free Nnamdi Kanu as a first step of resolving the agitation for a Biafra State.

    Soludo, who reviewed a Book, titled “The Politics of Biafra and The Future of Nigeria” written by former House of Representatives member, Hon. Chudi Offodile, said keeping Kanu in prison would not do Nigeria any good as a nation.

    “Kanu threw a bait and Nigeria accepted it. I think he is […]

  • Falana questions CBN management under Soludo again

    Falana questions CBN management under Soludo again

    Femi Falana, a Human Rights Activist, on Thursday again questioned the management of the Central Bank of Nigeria under the leadership of Prof. Chukwuma Soludo.

    It will be recalled that Falana had petitioned the Economic and Financial Crimes Commission on allegations of criminal diversion of public funds from the Federation Account and the nation’s Foreign Reserves.

    Falana, a Senior Advocate of Nigeria, also accused Soludo’s CBN management of illegally transferring $7 billion to 14 commercial banks in 2006, an allegation he had […]

  • Soludo tells Buhari to release Nnamdi Kanu

    Soludo tells Buhari to release Nnamdi Kanu

    A former Governor of the Central Bank of Nigeria, Prof. Charles Soludo, has urged President Muhammadu Buhari to ensure the immediate release of the leader of the Indigenous People of Biafra, Nnamdi Kanu.

    Soludo said this in Abuja on Thursday at the presentation a book entitled, ‘The Politics of Biafra and the Future of Nigeria,’ written by Chudi Offodile.

    The former CBN governor said Kanu was not popular until security agents arrested him last year.

    He recalled that Chief Obafemi Awolowo was imprisoned […]

  • Why I won’t apologise to Soludo – Falana explains

    Why I won’t apologise to Soludo – Falana explains

    Femi Falana, a Nigerian lawyer, has again questioned the management of Nigeria’s foreign reserves by the Central Bank of Nigeria (CBN) under the leadership of Chukwuma Soludo.

    Mr. Falana had petitioned the Economic and Financial Crimes Commission (EFCC) on allegations of criminal diversion of public funds from the Federation Account and the nation’s Foreign Reserves.

    He also accused the CBN under Mr. Soludo of illegally transferring $7 billion to 14 commercial banks in 2006, an allegation the former CBN chief denied and […]

  • Falana rejects Soludo’s defence on allocation of $7bn to 14 banks

    Falana rejects Soludo’s defence on allocation of $7bn to 14 banks

    A human rights lawyers, Mr. Femi Falana, Wednesday rejected the defence of the former Central Bank of Nigeria (CBN) Governor, Prof. Charles Soludo, on how the apex bank under his leadership removed $7 billion from the country’s foreign reserves and doled out it to 14 commercial banks.

    Falana, a Senior Advocate of Nigeria (SAN), demanded whether the commercial banks that benefitted from $7 billion, which the former CBN governor said was deposited in the banks on October 3, 2006.

    He made the […]

  • Kukah, Soludo, others to grace launch of book on Biafra

    Kukah, Soludo, others to grace launch of book on Biafra

    Bishop of Sokoto Catholic Diocese, Matthew Kukah and former Central Bank of Nigeria (CBN) Governor, Chukwuma Soludo, are among dignitaries expected at the public presentation of a book, “The Politics of Biafra and the Future of Nigeria” in Abuja.

    While Kukah will deliver a keynote address, Soludo will be among the discussants at the even schedule for Shehu Musa Yar’Adua Centre, Abuja.

    At the event, Chairman of Safari Books Limited, Chief Joop Berhout, will make remarks as publisher, while Eze Festus Odimegwu, […]

  • Don’t sell Nigeria’s asset – Soludo tells Buhari

    Don’t sell Nigeria’s asset – Soludo tells Buhari

    It was gathered that the recent recommendations that Nigeria sell its asset to raise funds is dangerous and troubling, a former governor of the Central Bank of Nigeria, Chukwuma Soludo, said on Monday.

    Some of those who have made such recommendations include the National Economic Council, NEC, the Senate President Bukola Saraki and Africa’s richest man, Aliko Dangote.

    Mr. Soludo, who dismissed the proposal as largely self-serving, said the scheme would only be a win-win for government and its private sector collaborators, […]

  • $7bn: I won’t apologise to Soludo, says Falana

    $7bn: I won’t apologise to Soludo, says Falana

    A senior lawyer, Femi Falana, on Sunday said he would not apologise to former Central Bank Governor Chukwuma Soludo over his allegation that the ex-bank chief “dolled” out $7 billion government funds to bankers while he was in office.

    Mr. Soludo has denied the allegation, saying he acted right in his dealings as Central Bank chief.

    Mr. Falana, however, said he based his statement on facts made available by the Central Bank during Mr. Soludo’s stewardship.

    Read Mr. Falana’s full statement below:

    On October […]

  • Alleged Diversion of $7 billion: Soludo hits back at Falana

    Alleged Diversion of $7 billion: Soludo hits back at Falana

    A former governor of the Central Bank of Nigeria, Chukwuma Soludo, hit back Saturday after a senior Nigerian lawyer, Femi Falana, accused him of unlawfully “doling” $7 billion of Nigeria’s reserves to banks as loan.

    Mr. Falana said the amount was never recovered.

    The former CBN chief dismissed the allegation as “ignorant” and “blatant lies”, and demanded evidence or an apology.

    “I largely ignore such ignorant commentaries,” he said in a statement. “However, Femi Falana is one of the Nigerians I deeply respect, […]

  • Soludo backs Buhari’s emergency bill, proposes N19trn ‘anti-recession’ blueprint

    Soludo backs Buhari’s emergency bill, proposes N19trn ‘anti-recession’ blueprint

    Former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, has expressed support for President Muhammadu Buhari’s emergency economic bill aimed at reviving the economy.

    In a mini-blueprint for the All Progressives Congress (APC), Soludo also proposed a public spending of 15 percent to 20 percent (N14 trillion to N19 trillion) of the nation’s gross domestic product (GDP) to steer Nigeria out of recession to the next level.

    He said the document, acquired by TheCable, is not a “blueprint” in […]