A former Managing Director and Chief Executive Officer of Bank of Agriculture Limited, Dr. Mohammed Santuraki, has called for urgent reforms in the banking sector to enable President Bola Ahmed Tinubu actualise the administration’s goal of revamping the economy.
Santuraki, who described Tinubu as a president who understands how the levers of policies affect the well-being of the nation, urged him not to depend wholly on advisers while taking the reformatory steps aimed at rebuilding the nation’s economy.
He pointed out, for instance, that corporate owners’ restrictions should be tightened by this government, which must also increase its regulatory oversight.
Santuraki stressed, “They (The government) should not make it easy for banks to receive Government Spending Intervention because some of them will become very reckless with what they do since they know that at the end of the day, the CBN will intervene.
He spoke in an exclusive interview with…