Throughout my period at the bank, I have one slight regret and that’s during the period I was acting governor. It was the time that the CBN was being… - Sarah Alade

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Throughout my period at the bank, I have one slight regret and that’s during the period I was acting governor. It was the time that the CBN was being investigated. It has never happened before that the activity of the CBN is under investigation.

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About Sarah Alade

Sarah Omotunde Alade is a Nigerian economist. She was acting governor of the Central Bank of Nigeria during the suspension of Sanusi Lamido Sanusi. She was appointed to the post by president Goodluck Jonathan on 20 February 2014. She held this position until the appointment of Godwin Emefiele in June 2014.

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Alternative Names: Sarah Omotunde Alade
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Additional quotes by Sarah Alade

The Organization for Economic Cooperation and Development (OECD) countries in 2008 recommended the imposition of some form of capital controls that at least restrain inflows of short-term funds, which the CBN has done. The CBN will also do well to stick to its statutory mandate of maintaining price stability for growth. This will go a long way in moderating inflation and stimulating growth in the long run.

Monetary policy management has been made difficult by the uncertain global environment, arising from political and economic developments around the world. There has been an intense attack on free trade, multilateralism and globalization and the situation has not been helped by a growing preference for nationalist interest.

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