Obasanjo unveils Echebiri’s book on how Soludo’s engineered consolidation transformed Nigerian banks

Chief Olusegun Obasanjo

A former President, Chief Olusegun Obasanjo on Saturday unveiled a book on how the Soludo-engineered consolidation transformed Nigerian banks.

Obasanjo, was represented by former Cross River State Governor, Donald Duke, at the unveiling of the book written by Dr Ray Echebiri, Chief Executive Officer of Centre for Financial Journalism, on Saturday, Lagos.

The title of the book is: “The Power of One Man: How The Soludo- Engineered Consolidation Transformed Nigerian Banks to Global Players”.

Obasanjo said that all players in the stakeholder economy as well as government at all levels need to work hand in hand to improve the current situation of the country.

“Like the title of the book says, without the team we can not win the match; the captain is Soludo, with his team, and I take pride in all the team.

“Yes ,CBN governor made a policy but the weight of the government is also important.

“When Soludo took over, I could tell the difference between a banker and an economist and we need someone who sees the country holistically.

“We appreciate the author of this book and we look forward to the volume two of the book,” he said.

Also, Gov.Babajide Sanwo-Olu of Lagos State, said that there was need for the current leadership of CBN to use the gathering to“ test the blood pressure and temperature” of the system.

Sanwo-Olu said that hopefully, in the next 20 years from now, they would also gather to do another review on the consolidation of banking sector.

“You are on the right thing track of doing it right; we hope you will complete it and stand tall without minding any stumbling block.

“It is tough for we in the public sector at this time; we do not know how we will survive the pressure on us.

“This book is coming at this time when there is need for all economy experts, bankers,businessmen ,politicians and leaders to reflect on the required solutions we need to make better decisions,” he said.

Also, Gov. Adedapo Abiodun of Ogun, called for the right choices to be allowed to handle public offices in all the sectors.