Charles Chukwuma Soludo, CFR (born 28 July 1960) has won the Anambra State governorship election in November 2021, he will take over the post in Mars 2022, from Willie Obiano. He is a Nigerian economics professor and a former governor and chairman of the board of directors of the Central Bank of Nigeria (CBN). Chukwuma was named governor on 29 May 2004. He is also a member of the British Department for International Development’s International Advisory Group.
Charles Soludo Background
Professor Charles Chukwuma Soludo was born on the 28th of July 1960. He hails from Aguata Local Government Area of Anambra State, Nigeria. On completing his secondary school education, he proceeded to the University of Nigeria, Nsukka where he studied Economics. He graduated with a first-class degree in 1984.
Afterwards, he went on to obtain his Master’s degree (MSc) in Economics in 1987, and a doctorate (PhD) in Economics in 1989, from the same University graduating as the best student on all levels of his study. Charles Soludo is married to Nonye Soludo, and they are blessed with six children.
Charles Soludo Career
In 1998, Charles Soludo became a professor of economics at the University of Nigeria, Nsukka, and in 1999, he became a visiting professor at Swarthmore College in Swarthmore, Pennsylvania, USA.
Professor Charles Soludo was a lecturer in Oxford, Cambridge, and Warwick University. He lectured on multi-country macro-econometric modelling, techniques of computable general equilibrium modelling, survey methodology, and panel data econometrics, etc. Also, Charles Soludo has authored, co-edited, and co-authored about ten books.
Professor Charles Soludo joined the Nigerian government in 2003 as the Chief Economic Adviser to former President Obasanjo and the Chief Executive Officer of the National Planning Commission of Nigeria.
In May 2004, he became the Chairman of the Central Bank of Nigeria (CBN). Also, he got an appointment from the Nigerian President – Mohammadu Buhari, to be part of the newly formed 8-member Economic Advisory Council (EAC) on the 16th of September 2019.
Charles Soludo’s Political Escapades
Professor charles soludo is the current Governor of ANAMBRA STATE 2021, under APGA political party.
Professor Charles Soludo also contested for the seat of the Governor of Anambra State in the February 2010. In pursuit of his ambition, the People’s Democratic Party (PDP) chose him as their consensus candidate on the 9th of October 2009.
He eventually lost the election to Peter Obi. Despite his loss, Charles Soludo is still a respected economist in Nigeria, due to his satisfactory performance as the CBN Governor.
Charles Soludo resigned from the People’s Democratic Party (PDP) on the 17th of July 2013, after he wrote a letter to PDP’s National Chairman – Alhaji Bamanga Tukur. Afterwards, he joined the All Progressive Grand Alliance (APGA) in preparation for the November 2013, Anambra state governorship election.
Awards And Recognitions
Being an erudite professor and a savvy economist sure confers honor on you, and Professor Soludo has been honoured severally. A list of some of the awards and recognition he has received includes:
- Red Cross awards for his contributions to the development of the society – 2018.
- The Banker Magazine published by the Financial Times of London named him the Global and African Central Bank Governor of the Year – 2005, 2006 and 2007
- Global Banker’s Award in London – 2006
- D.SC (Honoris Causa) by the University of Calabar.
- Financial Times of London named him a Great Reformer.
- Federal University of Agriculture, Makurdi honoured him with a D.SC (Honoris Causa).
- Commander of the Order of the Federal Republic (CFR) – Nigeria’s third-highest national honour.
Charles Chukwuma Soludo Net worth
As a former governor and chairman of the board of directors of the Central Bank of Nigeria his net worth has grown significantly, Dr. Soludo have an estimated net worth of ₦2.3 billion – $5 Million
Charles Soludo’s Publications
- North-South Macroeconomic Interactions: Comparative Analysis using the MULTIMOD and INTERMOD global models for the Brookings discussion papers in international economics, Brookings Institution – 1992
- Implications of alternative macroeconomic policy responses to external shocks in Africa in the Development research papers series for the United Nations Economic Commission for Africa (UNECA), Socio-Economic Research and Planning Division – 1993
- Growth performance in Africa: Further evidence on the external shocks versus domestic policy debate in the Development research papers series, for the United Nations Economic Commission for Africa (UNECA), Socio-Economic Research and Planning Division – 1993
- The Consequences of US Fiscal Actions in a Global Model with Alternative Assumptions about the Exchange Regime in Developing Countries – 1994
- Macroeconomic adjustment, trade, and growth: Policy analysis using a macroeconomic model of Nigeria, in the African Economic Research Consortium (AERC research paper) – 1995
- Macroeconomic Policy Modelling of African Economies – 1998
- Our Continent, Our Future: African Perspectives on Structural Adjustment, Council for the Development of Social Science Research in Africa, Dakar, in the Journal of Sustainable Development in Africa – 1999
- African Voices on Structural Adjustment: A Companion to Our Continent, Our Future – 2002
- The Debt Trap in Nigeria: Towards a Sustainable Debt Strategy, printed by Africa World Press – 2002.
- The Politics of Trade and Industrial Policy in Africa: Forced Consensus, printed by Africa World Press – 2004
- Potential Impacts of the New Global Financial Architecture on Poor Countries, CODESRIA, Senegal – 2006
Charles Soludo’s Memberships
- Member of the International Advisory Group for the UK-DFID
- He is a member of the Chief Economist Advisory Council of the World Bank
- Member of the International Advisory Group of the UK Department for International Development (DFID).
- Charles Soludo is a member of the Initiative for Policy Dialogue (IPD.
- Fellow of the Chartered Institute of Bankers of Nigeria (CIBN)
- Professor Charles Soludo is a Fellow of the Nigerian Economic Society (NES).
Quotes Of Charles Soludo
“The world will need new systems to meet these new needs, so, we have to either innovate, compete or die.”
“We need a new constitution that would be negotiated by Nigerians.”
“But for anyone to suggest that CBN under me, for one minute, took its eyes off the ball is, to say the least, ludicrous…”
“So, the easiest way to waste the future is to churn out millions of semi-illiterates, largely unemployable citizens most of whom seek criminality as the only way to escape the poverty trap.”
“…Most people would agree that without the successful banking consolidation and effective management of our foreign reserves, the current global crisis would have shaken the financial system and our national economy to their foundations with calamitous consequences.”
“The Central Bank of Nigeria (CBN) has performed creditably well in delivering on its core mandates…”We are social! follow us on: