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Professor Charles Chukwuma Soludo CFR, was born on 28th of July, 1960. He is a Nigerian politician, astute banker, and world class economist who currently serves as the fifth governor of Anambra State since March 2022.
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He is a former governor and chairman of the board of directors of the Central Bank of Nigeria. He was appointed as the bank’s governor on 29 May 2004.
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He is a member of the British Department for International Development’s International Advisory Group and was a member of President Buhari’s Presidential Economic Advisory Committee.
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Soludo has been a visiting scholar at the International Monetary Fund, the University of Cambridge, the Brookings Institution, the University of Warwick, and the University of Oxford as well as a visiting professor at Swarthmore College (USA).
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He 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.
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He is a professional in the business of macroeconomics. He obtained his three degrees and then professorship at the University of Nigeria in Nsukka, Enugu State. Soludo graduated with a First Class Honours 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 multi-country macro-econometric modelling, techniques of computable general equilibrium modelling, survey methodology, and panel data econometrics, among others. He studied and taught these courses at many universities, including Oxford, Cambridge, and Warwick. Soludo has co-authored, co-edited, and authored a number of books on this subject matter.
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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, USA.
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Government:
Soludo joined the federal government in 2003 and served as chief economic adviser to President Olusegun Obasanjo.
Prior to his May 2004 appointment to the CBN’s chairmanship, he was the Chief Executive of the National Planning Commission of Nigeria.
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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 will 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”.
Soludo hopes to see Nigeria become Africa’s financial hub and considers microfinance important to the federal government’s economic policies.
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Appointment to Economic Advisory Council:
On 16 September 2019, the President of Nigeria, Muhammadu Buhari, appointed Soludo as a member of a newly formed 8-member Economic Advisory Council (EAC) which would report directly to the President on issues related to national economic policies.
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Governor of Anambra State:
In September 2009, Soludo announced his aspiration for the seat of the Governor of Anambra State, in the southeastern Nigerian state’s election of 9 February 2010.
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On 9 October 2009, the People’s Democratic Party (PDP) chose 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.
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However, his nomination was contested by 23 of the 47 aspirants, citing lack of transparency in the process.
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After this initial rancour, 36 out of the 47 candidates, and several top candidates of the PDP affirmed their support for Soludo on Wednesday, 14 October 2009. Soludo went on to lose to Peter Obi in an election that was largely considered free and fair according to major election observers.
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However, with his perceived solid performance as CBN governor, Soludo remains a respected economic policy authority in Nigeria. Political commentators, while urging an issue-based campaign in the 2011 election, had called on aspirants to work with respected economists like Soludo towards an acceptable economic plan.
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On 17 July 2013, Soludo resigned from the PDP after writing a letter to the National Chairman of the party, Alhaji Bamanga Tukur. He later joined the All Progressives Grand Alliance in preparation for the November 2013 governorship race in Anambra state. In mid-August 2013, he, along with five other qualified aspirants, were disqualified by the APGA Screening Committee.
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In February 2021, Soludo officially declared his intention to run for the position of Governor of Anambra State under the banner of APGA.
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On 9 November 2021, the Independent National Electoral Commission announced Soludo as the winner of the 2021 Anambra State gubernatorial election and governor-elect of Anambra State and He was issued a certificate of return on 13 November 2021.
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On 17 March 2022, Soludo was sworn in as the fifth Executive Governor of Anambra State.
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