Remove the Mechanic in CBN to save the Naira, activist tells Tinubu

A political activist, Deji Adeyanju, has blamed the woes of the Naira on the Acting Central Bank of Nigeria (CBN) Governor, Folashodun Shonubi.

In a tweet, Adeyanju said what the bank requires is a grounded economist in the mould of Ngozi Okonjo Iweala and not a Mechanical Engineer.

He said via his Twitter handle, @adeyanjudeji: “Dear President @officialABAT (Tinubu), remove the mechanic in charge of CBN and appoint an experienced economist who has international experience in the financial sector like Ngozi Okonjo-Iweala. Someone serious minded countries & development partners will listen to.”

Shonubi’s educational profile gleaned on Wikipedia, shows he graduated from the University of Lagos from 1978 to 1983 after obtaining a BSc. and MSc. in Mechanical Engineering, a Master in Business Administration specializing in Finance between 1988 and 1989.

His first working experience was at Mek-ind Associates where he worked as consultant engineer from 1984 to 1989 then later as a marketing executive at Inlaks Computers Limited.

From 1990 to 1993, Shonubi was the Head of Treasury Operations of Citibank before proceeding to First City Monument Bank as vice president and Ecobank Nigeria Limited as executive director.

From 1999 to 2007, he worked at MBC International as the deputy general manager.

From 2009 to 2012, he was employed by Union Bank of Nigeria Limited as an executive director, operations, technology and services.

From 2012 to his appointment as the deputy governor of CBN (Operations Directorate), he was the managing director and chief executive officer of the Nigeria Inter-Bank Settlement System PLC.