Professionals are not allowed to give Direction to the Economy, says CBN Chief

Moses Tule, the Director of Policy in the Central Bank  has said that Nigeria's apex bank is addressing the current economic recession using wrong tools. He said this when he spoke at the Chartered Institute of Bankers of Nigeria, CIBN, roundtable meeting organised on the current economic recession in Abuja on Tuesday November 29th. He said that professionals are not being given the opportunity to give direction to the economy.

   “Some came in as doctors into the macro-economicmanagement and are giving the tools of medical doctors to advise on how to solve the problem of recession. Some came in as carpenters and they are using carpentry tools to advise on the problems of economic recession; some came in as engineers and they are using their tools to advise on how to address economic recession. They have not allowedthe professionals to do their jobs. They have not allowed the professional to provide the direction”he said