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Sanusi wins sub-Sahara Africa’s CBN governor award

By BusinessNews Staff on October 15, 2013

The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, was on Saturday night in Washington DC, United States, named the Central Bank Governor of the Year for sub-Saharan Africa by the Emerging Markets Magazine.

Sanusi, who was part of the Nigerian delegation to the International Monetary Fund/World Bank annual meetings, won the award for the third time in four years.

The Managing Director, Emerging Markets Magazine, Mr. John Orchard, in a citation he read out before handing over the award to the CBN boss, acknowledged Sanusi’s efforts in driving down inflation from the double digit in 2009 to about eight per cent currently.

He said the governor had consistently pursued and successfully maintained macroeconomic stability despite the challenges confronting the Nigerian economy.

While responding, Sanusi said he could not have achieved much without the efforts and support of the Federal Government and the 6,000 workforce of the bank, noting that the award was a demonstration of their hard work and dedication to implementing his vision.

Sanusi commended the Minister of Finance, Dr. Ngozi Okonjo-Iweala, who was also present, for her support in the fight to ensure macroeconomic stability in the country.

The Nigerian Ambassador to the United States, Prof. Adebowale Adefuye, and members of the Nigerian Mission in Washington DC later hosted the Nigerian delegates to a dinner in honour of the CBN governor.

He commended Sanusi for the feat of winning the award three times in four years.

Other dignitaries present at the occasion were the Deputy Governor, Operations, CBN, Mr. Tunde Lemo; and his counterparts for Economic Policy, Corporate Services and Financial System Stability, Dr. Sarah Alade, Alhaji Suleiman Barau and Dr. Kingsley Moghalu, respectively, as well as a former Minister of Finance, Dr. Mansur Muktar, among others.

[Punch]

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