Civil Society Coalition Declares Emefiele Cbn Governor Of The Decade

Civil Society Coalition Declares Emefiele Cbn Governor Of The Decade

The Coalition of Civil Societies and Media Executives for Good Governance in Nigeria (COCMEGG) will honour the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, with the “Most Distinguished CBN Governor of the Decade”award.

The award ceremony will hold on December 19, in Abuja.

According to the President of COCMEGG, Omoba Aigbegbele, Emefiele’s performance since he assumed leadership in CBN is legendary.

“The rebounded economy in the possible shortest time is outstanding; the repositioning of the apex bank in terms of ICT, monetary policy directions and financial tools has greatly assisted the country’s economy and stability in the global market. The global positive rating of Nigeria today is as a result of the policy framework put in place by the apex body,” he said.

He said Emefiele’s tireless sacrifices in putting the country first rather than self has paid off greatly. The CBN governor has advanced the regulatory body’s values and culture through good corporate governance and transparency that has kept the economy on track.

He said the high ethical professionalism attained through transparency and the high degree of accountability in the financial sector of the country is unparallel, coupled with the apex bank’s policy thrust and framework through exponential growth and phenomenal profitability.

The CBN has witnessed increased global rating by rating agencies on banks and other financial institutions, boost customers’ confidence and the nation’s confidence in the CBN to rejuvenate the system and build a roadmap for the economic stability and sustainability of the country.

The President of COCMEGG paid glowing tributes to the CBN Governor, saying his change in the policy direction of the core CBN functions have impacted on education, monetary policy formulation and the implementation as well as financial system stability.

Aigbegbele said Emefiele experience as a specialist in Deposit Money Bank (DMB) and an academic, has enabled him to expanded some core banking areas so as to stimulate low performing sectors and make them play their roles in growing the economy.