The Nigerian community in Washington D.C. and the country’s delegates to the IMF/World Bank annual meetings walked tall at the weekend when the Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, was conferred with the ‘2013 Emerging Markets Central Bank of the Year’ award for Sub-Saharan Africa at the prestigious Willard Intercontinental, Washington DC.
In a citation, the Managing Director of the Emerging Markets magazine, organisers of the award, John Orchard, acknowledged the outstanding feat of Sanusi in driving down inflation from the double digit to single digit of about eight per cent. He also stated that Sanusi had consistently pursued and successfully maintained macroeconomic stability notwithstanding the arduous challenges confronting the Nigerian economy. When Sanusi won the award for the second time in 2010, the publishers and the organisers of the award noted that winning a second time was a rare event. Responding, a visibly elated CBN Governor attributed his success to the efforts of the 6,000 workforce of the bank. He thanked the federal government for the confidence reposed in him by giving him the responsibility.