Former Minister of Finance, Dr Kalu Idika Kalu has advised the Central Bank Governor designate, Mr Godwin Emefiele to work in coordination with the Ministry of Finance, to achieve success in his tenure.
Dr. Kalu Idika Kalu spoke to business correspondent, Chimezie Obi-Iwuagwu, on Business Incorporated.
Reacting to the issue of the autonomy of the CBN, Dr Kalu Idika Kalu said that Nigeria, as a developing country, has not reached the stage where both the CBN and the Ministry of Finance can be independent.
He believes that Mr Emefiele would need to review the rules and regulations guiding the institution, understand the powers of the apex bank, and brush himself up in various macro-economic aggregates.
