Former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu, has described ex-President Olusegun Obasanjo as arguably Africa’s preeminent statesman alive.

 

 

Moghalu also said Obasanjo has no regrets of his time in office as Nigeria’s president.

 

Posting on X, the former CBN deputy governor said Obasanjo does not shy away from expressing his views on any topic, be it global, continental or national.

 

 

Moghalu stated that the former President wished he was more decisive in the creation of a common currency for the Economic of West African States, ECOWAS.

 

He wrote: “Former Nigerian President Olusegun Obasanjo (“Baba OBJ”) is arguably Africa’s preeminent statesman alive today. He is also a man who is not shy to express his views on various topics – global, continental, national.

 

“OBJ has “no regrets” about his actions and decisions during his time in office as Nigeria’s leader.

 

“He only wishes, in hindsight in light in the fact that ECOWAS CEDEAO “is now in tatters,” that he had moved more decisively on the creation of the common ECOWAS currency the Eco, despite the challenges posed by misalignments in the “convergence criteria” for such a regional currency among member states (single digit inflation, a fiscal budget deficit of no more than 4%, deficit financing by central banks capped at 10% of annual revenues, and foreign reserves to cover 3 months imports).”