- Charles C. Soludo
Infobox Officeholder
honorific-prefix =
name =Charles Chukwuma Soludo
honorific-suffix =
imagesize =
small
caption =
order =
office =Governor of the Central Bank of Nigeria
term_start =May 29 ,2004
term_end =
president =Olusegun Obasanjo , thenUmaru Yar'Adua
predecessor =J. O. Sanusi
successor =
birth_date =28 July 1960
birth_place =Aguata LGA,Anambra State
death_date =
death_place =
nationality =Nigerian
party =
spouse =Nonye
children =Four
alma_mater =
occupation =
profession =
religion =Charles Chukwuma Soludo, CFR (born
28 July 1960 ) is aNigeria n economics professor and the Governor andChairman of the Board of Directors of theCentral Bank of Nigeria (CBN). He has been Governor since29 May ,2004 .cite web |url=http://www.cenbank.org/AboutCBN/TheBoard.asp?Name=Prof%2E+Chukwuma+C%2E+Soludo%2C+CFR&Biodata=soludo |title= Board of Directors |accessdate=2008-01-12 |publisher=Central Bank of Nigeria] He is also a member of the BritishDepartment for International Development 's International Advisory Group.Career
Dr Soludo has been visiting scholar [Q: Which colleges in Oxford and Cambridge and when? Please give reference of the articles published at the Brookings Institution. A: There are a stack of references supplied. Read them before asking such questions. Read the Talk page too.] at the International Monetary Fund, the
University of Cambridge , theBrookings Institute , theUniversity of Warwick and theUniversity of Oxford and a visiting professor at Swarthmore College (USA). He has also worked as a consultant for a number of international organizations, including The World Bank, the United Nations Economic Commission for Africa, and the United Nations Development Programme. [ [http://www.rrojasdatabank.org/idrcbks108a.htm Róbinson Rojas.- OUR CONTINENT, OUR FUTURE. African Perspectives on Structural Adjustment .- About economic inequality, social exclusion and corruption.-Environment.-Energy.- Dependency Theory, US Imperialism, capitalism, RRojas Databank, The Róbinson Roj ] ] [ [http://www.crdi.ca/fr/ev-56361-201-1-DO_TOPIC.html Contributors: Centre de recherches pour le développement international ] ] [http://www.styluspub.com/books/AuthorDetail.aspx?id=6264]Soludo is a core professional in the business of macroeconomics. He obtained his three degrees and then professorship at the
University of Nigeria inNsukka ,Enugu State . He graduated with a First Class Honors degree in 1984, an M.Sc. Economics in 1987, and a Ph.D. in 1989, winning prizes for the best student at all three levels. [http://www.accessmylibrary.com/coms2/summary_0286-21199916_ITM Soludo Appointed CBN Governor] , Asia Africa Intelligence Wire, 30-APR-2004.] [http://news.biafranigeriaworld.com/archive/2004/jul/19/020.html "N25bn capital base: Senate drills Soludo"] BNW News: Biafra Nigeria World News.]He has been trained and involved in research, teaching and auditing in such disciplines as the multi-country macro econometric modeling, techniques of computable general equilibrium modeling, survey methodology and panel data econometrics, among others. Soludo studied and taught these courses at many Universities, including Oxford, Cambridge and Warwick. He has co-authored, co-edited and authored about ten books on this subject matter.
In 1998 Soludo was appointed to the position of professor of economics at the University of Nigeria; the next year he became a visiting professor at
Swarthmore College in Swarthmore,Pennsylvania , US.Soludo joined the federal government in 2003. Prior to his May 2004 appointment to the bank chairmanship [His appointment as the Central Bank chairman was criticized by some who felt Soludo did not have managerial experience and practical knowledge of Nigeria's turbulent banking industry.Fact|date=May 2008] , he held the positions of Chief Economic Adviser to former President Obasanjo and Chief Executive of the National Planning Commission..
In January 2008, in a speech to the Nigerian Economic Society, he predicted consolidation in the private banking industry, saying "By the end of 2008, there'll be fewer banks than there are today. The restructuring of the banking industry has been attracting funds from local and foreign investors, which have increased banks' ability to lend to customers". [cite news |first=Seun |last=Adesida |title= There will be fewer banks in 2008 –Soludo |url=http://www.sunnewsonline.com/webpages/news/businessnews/2008/jan/04/business-04-01-2008-003.htm |work=The Sun News On-line |publisher=The Sun Publishing |date=2008-01-04 |accessdate=2008-01-12 ] He hopes to see Nigeria become Africa's financial hub, [cite news |first=Odidison |last=Omonkhanlen |authorlink= |coauthors= |title= Financial sector reforms and the judiciary |url=http://www.tribune.com.ng/31122007/banking.html |work=
Nigerian Tribune |publisher=African Newspapers of Nigeria |date=2007-12-31 |accessdate=2008-01-12 ] and considersmicrofinance important to the federal government's economic policies. [cite news |first=Tajudeen |last= Atitebi |title=Microfinance banks take centre stage in |url= http://www.vanguardngr.com/index.php?option=com_content&task=view&id=4109&Itemid=49 |work=Vanguard Online Edition |publisher= Vanguard Media |date=2008-01-07 |accessdate=2008-01-12 ]It has been asserted that in April 2008, Soludo was accused of abuse of his position. However, there is no supporting evidence for this which is accessible via the internet. [The assertion is:
Since April 2008 he has been facing several anti-corruption panels set up by the Nigerian authorities
" [Which Nigerian authorities? Why several panels? Wouldn't one have been enough?] "
for allegedly having invested
" [What does "invested" mean? Did the bank buy shares? Did the bank make a loan? What?] "
US$480 million of public funds in a private company called African Finance Corporation (AFC) which Soludo serves as the Chairman in private capacity." [ref: Nigerian Vanguard and Tribune of Thursday 15th May 2008 - not accessible on internet.] " Some critics of the past regime " [who?] " claim that AFC is the Finance Wing of TRANSCORP - a private company where former President Obasanjo has a sizable investment." [ref: See page 70 of the Nigerian Guardian of 29th April 2008 and The Nigerian Punch of 3rd May 2008 - not accessible on internet.] " On 7th May 2008, many newspapers in Nigeria reported" [ref: For example, see the Nigerian Independent, Nigerian Punch & Nigerian Guardian of 7th May 2008 - not accessible on internet.] " that the preliminary report of the panel " ["The panel"? Above you say "several panels".] [Which panel? More information please.] " found Soludo guilty
" [How can a "preliminary report" find someone guilty? Does a "panel" have the authority to find someone "guilty"? And what have they found him guilty of? And what is the penalty? And what authority do they have to enforce it?] "
and the AFC has been directed
" [What does "directed" mean? Who is this panel? What authority do they have? Do they have any authority over AFC? Do AFC have to take any notice of their "directions"?] "
to return the money the Central Bank of Nigeria.
" [This is all very vague and of poor quality. Can anyone provide specific information, and links to any of these "references", rather than sweeping generalisations and meaningless waffle?] "]Publications
;1992
*"North-sorth macroeconomic interactions: Comparative analysis using the MULTIMOD and INTERMOD global models", Charles Chukwuma Soludo, Brookings discussion papers in international economics, Brookings Institution (1992) ;1993
*"Implications of alternative macroeconomic policy responses to external shocks in Africa", Charles Chukwuma Soludo, Development research papers series, United Nations Economic Commission for Africa, Socio-Economic Research and Planning Division (1993)
*"Growth performance in Africa: Further evidence on the external shocks versus domestic policy debate", Charles Chukwuma Soludo, Development research papers series, United Nations Economic Commission for Africa, Socio-Economic Research and Planning Division (1993) ;1994
*"The Consequences of U.S. Fiscal Actions in a Global Model with Alternative Assumptions about the Exchange Regime in Developing Countries”, Ralph C. Bryan and Charles Chukwuma Soludo. Chapter 13 in David Currie and David Vines, eds., "North-South Linkages and International Macroeconomic Policy", Cambridge: Cambridge University Press for the Centre for Economic Policy Research. (Brookings Discussion Paper in International Economics No. 103. Washington, DC: Brookings Institution, February 1994.);1995
*"Macroeconomic adjustment, trade, and growth: Policy analysis using a macroeconomic model of Nigeria", Charles Chukwuma Soludo, AERC research paper, African Economic Research Consortium (1995) ISBN 9966900268 ISBN-13: 978-9966900265 ;1998
*cite book |title= Macroeconomic Policy Modelling of African Economies|last= Soludo |first=Charles Chukwuma |year=1998 |publisher=Acena |location= |isbn= 9782114294|pages= ;1999
*"Our Continent, Our Future: African Perspectives on Structural Adjustment", T. Mkandawire and C.C. Soludo, Council for the Development of Social Science Research in Africa, Dakar, 1999, in Journal of Sustainable Development in Africa, 1:2, 1999. ;2002
*"African Voices on Structural Adjustment: A Companion to "Our Continent, Our Future", Edited by Thandika Mkandawire and Charles C. Soludo. At least three editions: IDRC/CODESRIA/Africa World Press 2002, ISBN 0-88936-888-0, 280 pp.; Paperback, ISBN 978 0 88936 888 0 Jan 2003;Africa World Press 2003, ISBN 0865437793, pp=280
*cite book |title=The Debt Trap in Nigeria: Towards a Sustainable Debt Strategy |last= Okonjo-Iweala |first=Ngozi |authorlink=Ngozi Okonjo-Iweala |coauthors=Charles Chukwuma Soludo and Mansur Muhtar |year=2002 |publisher=Africa World Press |location= |isbn=1592210015 |pages= ;2004
*"The Politics of Trade and Industrial Policy in Africa: Forced Consensus", Edited by Charles Chukwuma Soludo, Michael Osita Ogbu and Ha-Joon Chang, Africa World Press (January 2004), ISBN 159221164X, ISBN-13: 978-1592211647 (AlsoInternational Development Research Centre , ISBN 1592211658) ;2006
*"Potential Impacts of the New Global Financial Architecture on Poor Countries", Edited by Charles Soludo, Musunuru Rao, ISBN 9782869781580, 80 pages, 2006, CODESRIA, Senegal, Paperback419 scams
Soludo's name and position are frequently used by con artists in their attempts to add credibility to their
advance-fee fraud activities (also known as419 scam s). [ [http://www.urgentmessage.org/highlyconfidential/_s?filter=soludo urgentmessage.org] ]References
External links
* [http://www.cenbank.org/images/people/board/current/soludo.jpg(Small) photograph of Prof Soludo] CBN website
* [http://www.pbase.com/forumweb/image/61079986 Photograph of Prof Soludo] , co-chair of the [http://www.weforum.org/en/events/ArchivedEvents/africa/index.htm 16th World Economic Forum on Africa] held in Cape Town,31 May to2 June 2006 .
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