Babachir Lawal faults Cardoso's appointment as CBN Governor, describes his CV as patch-patch

Central Bank of Nigeria Governor, Yemi Cardoso, lacks the requisite experience and exposure to head the post, says former Secretary to the Government of the Federation (SGF), Babachir Lawal.

Babachir, a former ally of Tinubu who became his fiercest critic over the choice of a fellow Muslim as running mate during the presidential election, said Cardoso did not have the appropriate curriculum vitae and experiences to govern the nation’s apex bank, adding that his CV was patched up.

The ex-SGF said the office of the Commissioner of Planning in Lagos State that Cardoso oversaw when Tinubu was governor was not enough to make him a CBN governor of the country.

The former government scribe made these known while appearing as a guest on Arise TV on Wednesday.

“As to his Central Bank Governor, in my response to APC (All Progressives Congress) when they decided to take me on, I mentioned that the President had a Central Bank Governor with ‘patch-patch’ CV,” Lawal said.

“I said ‘patch-patch’ CV because he was the commissioner of planning in Lagos State, a very small state out of the 36 states we have. It is a big economy but you cannot say he has enough experience to be in that position as the Central Bank governor.

He added that Cardoso having served as the chairman of a bank with 13 branches was not enough for him to be appointed as the CBN governor.

“They also went on to say that he was a chairman of a bank with 13 branches, and that doesn’t give him sufficient exposure – a bank with 13 branches. I mentioned that they are all located around Lagos with two branches in Lagos, Warri, Benin City, and all that,” he added.