Entrepreneur praises Emefiele on reforms

An Entrepreneur and auto dealer in Lagos, Adejare Adegbenro has commended the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele for his reforms in the apex bank.Adegbenro, who is the Managing Director/CEO of Balmoral International Limited, said in less than a month in office, the cashless policy became effective nationwide on June 30, though, spearheaded by his predecessor. He described his reforms as having human face.The cashless policy started in January 2012, in Lagos as a pilot exercise before moving to Rivers, Kano, Ogun, Abia, and Anambra States as well as FCT, Abuja.The businessman, who is also a grandson of the late elder statesman and frontline nationalist, Pa Alfred Rewane, was particularly happy with Emefieles achievements in redirecting the activities of the Bureau De Change (BDC) in line with his ongoing reforms. He said: His record of success arguably remains unprecedented.The current sanity in the operations of BDC in the country, according to him, is a welcome development from the unorganised system with the attendant leakages and impunity that has become the order of the day.He praised the CBNs Governors courage and wisdom in the way he handled the initial protest and resistance that greeted his efforts at sanitising this sub-sector of the economy, adding that he supported Emefieles decision to block the leakages.The post Entrepreneur praises Emefiele on reforms appeared first on The Nation.]]>
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