Charles Chukwuma Soludo was born on the 28th of July, 1960. The man, popularly referred to as Charles Soludo, is a Nigerian Professor of Economics and a former Governor and chairman of the board of directors of the Central Bank of Nigeria (CBN).
Soludo: Brain x Intelligence x Excellence
Soludo is a core professional in the business of macroeconomics. Charles obtained his three degrees and then professorship at the University of Nigeria in Nsukka, Enugu State. Soludo graduated with a First Class Honors degree in 1984, an MSc Economics in 1987, and a PhD in 1989, winning prizes for the best student at all three levels.
Chukwuma has been trained and involved in research, teaching and auditing in such disciplines as the multi-country macro-econometric modelling, techniques of computable general equilibrium modelling, survey methodology and panel data econometrics, among others. Soludo studied and taught these courses at many universities, including Oxford, Cambridge and Warwick. Charles has co-authored, co-edited and authored about ten books on this subject matter.
In 1998, Soludo was appointed to the position of professor of economics at the University of Nigeria; the next year he became a visiting professor at Swarthmore College in Swarthmore, Pennsylvania, US. Soludo has been visiting scholar at the International Monetary Fund, the University of Cambridge, the Brookings Institution, the University of Warwick and the University of Oxford and a visiting professor at Swarthmore College (USA). Chukwuma has also worked as a consultant for a number of international organisations, including The World Bank, the United Nations Economic Commission for Africa, and the United Nations Development Programme.
Governance and Politics
Soludo joined the federal government in 2003. Prior to his May 2004 appointment to the bank chairmanship, he held the positions of Chief Economic Adviser to former President Olusegun Obasanjo and Chief Executive of the National Planning Commission of Nigeria. In January 2008, in a speech to the Nigerian Economic Society, he predicted consolidation in the private banking industry, saying
“By the end of 2008, there’ll be fewer banks than there are today. The restructuring of the banking industry has been attracting funds from local and foreign investors, which have increased banks’ ability to lend to customers”.
-C.C. Soludo
In September 2009, Soludo announced his aspiration for the seat of the Governor of Anambra state, in the south-eastern Nigeria state’s election of 9th February 2010. On the 9th of October 2009, the People’s Democratic Party (PDP) chose Professor Soludo as their consensus candidate for the position from a field of 47 candidates, after repeated attempts to hold elective primaries were stalled by court injunctions. However, his nomination was contested by 23 of the 47 aspirants, citing lack of transparency in the process. After a series of back and forth in the contest for the gubernatorial ticket for the party, Soludo resigned from the People’s Democratic Party on the 17th of July 2013 to join the All Progressive Grand Alliance (APGA) in preparation for the November 2013 governorship race in Anambra state.
Some Notable Publications of Prof. Soludo
1992
“North-South Macroeconomic Interactions: Comparative Analysis using the MULTIMOD and INTERMOD global models”, Charles Chukwuma Soludo, Brookings discussion papers in international economics, Brookings Institution (1992)
1993
“Implications of alternative macroeconomic policy responses to external shocks in Africa”, Charles Chukwuma Soludo, Development research papers series, United Nations Economic Commission for Africa, Socio-Economic Research and Planning Division (1993)
“Growth performance in Africa: Further evidence on the external shocks versus domestic policy debate”, Charles Chukwuma Soludo, Development research papers series, United Nations Economic Commission for Africa, Socio-Economic Research and Planning Division (1993)
1994
“The Consequences of US Fiscal Actions in a Global Model with Alternative Assumptions about the Exchange Regime in Developing Countries”, Ralph C. Bryan and Charles Chukwuma Soludo. Chapter 13 in David Currie and David Vines, eds., North-South Linkages and International Macroeconomic Policy, Cambridge: Cambridge University Press for the Centre for Economic Policy Research. (Brookings Discussion Paper in International Economics No. 103. Washington, DC: Brookings Institution, February 1994.)
1995
“Macroeconomic adjustment, trade, and growth: Policy analysis using a macroeconomic model of Nigeria”, Charles Chukwuma Soludo, AERC research paper, African Economic Research Consortium (1995)
1998
Soludo, Charles Chukwuma (1998). Macroeconomic Policy Modelling of African Economies. Acena.
1999
“Our Continent, Our Future: African Perspectives on Structural Adjustment”, T. Mkandawire and C.C. Soludo, Council for the Development of Social Science Research in Africa, Dakar, 1999, in Journal of Sustainable Development in Africa, 1:2, 1999.
2002
“African Voices on Structural Adjustment: A Companion to Our Continent, Our Future”, Edited by Thandika Mkandawire and Charles C. Soludo. At least three editions: IDRC/CODESRIA/Africa World Press 2002, and 2003; Africa World Press 2003,
Okonjo-Iweala, Ngozi; Charles Chukwuma Soludo and Mansur Muhtar (2002). The Debt Trap in Nigeria: Towards a Sustainable Debt Strategy. Africa World Press.
2004
“The Politics of Trade and Industrial Policy in Africa: Forced Consensus”, Edited by Charles Chukwuma Soludo, Michael Osita Ogbu and Ha-Joon Chang, Africa World Press (January 2004), ISBN 1-59221-164-X, ISBN 978-1-59221-164-7 (Also International Development Research Centre, ISBN 1-59221-165-8)
2006
“Potential Impacts of the New Global Financial Architecture on Poor Countries”, Edited by Charles Soludo, Musunuru Rao, ISBN 978-2-86978-158-0, 80 pages, 2006, CODESRIA, Senegal.
Charles Chukwuma Soludo was named Governor of the Central Bank of Nigeria on the 29th May, 2004.
On 16 September 2019, the president of Nigeria, Muhammadu Buhari, appointed him as a member of a newly formed 8-member Economic Advisory Council (EAC), that will be reporting directly to the President. Soludo is also a member of the British Department for International Development’s International Advisory Group.
Sources:
Punch NG
Wikipedia
Featured Image Source: Premium Times NG
You might also like:
- Deborah Quickpen: The Young Chess Prodigy
- Men You Should Know: Innocent Chukwuma
- Men You Should Know: Allen Ifechukwu Onyema
- Women You Should Know: Bilikiss Adebiyi-Abiola
