Sanusi Lamido Sanusi: Banks in Nigeria and national economic development – a critical review Keynote address by Mr Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, at the seminar on “Becoming an economic driver while applying banking regulations”, organised by the Canadian High Commission in joint collaboration with the Chartered Institute of Bankers of Nigeria (CIBN) and the Royal Bank of Canada (RBC), Lagos, 7 March 2011.
Yes, but one does get the impression that every crisis sees the introduction of new measures which then can’t really be unwound afterwards, and then central banks have to come up with something bigger and better in the next crisis. Is that the right way forward? The new package is proportionate to the situation. It will only run until we have overcome this crisis.