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Former deputy governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has advised President Bola Ahmed Tinubu to reshuffle his cabinet.
Moghalu disclosed this in an interview with Arise Television on Thursday.
He said: “To restore confidence, President Tinubu needs to reshuffle his cabinet because one of the reasons that investor confidence disappeared was the process of appointing his cabinet, it was too slow.
“Then when it made the announcement, it was largely a very political type of cabinet, and investors were hoping for something more technocratic to deal with the crisis at hand,” he said.
He further suggested that President Tinubu should establish a dedicated Economic Advisory Council to provide guidance on more effective economic management.