Central banking as a printing business - Punch Newspapers
Punch Newspapers Sections Published 26 April 2021 Joseph Mubiru (1929-1971), was the pioneer Governor of the Bank of Uganda. A highly competent technocrat, he was once ordered to print some money by the country’s military strongman General Idi Amin, to which he politely refused. On professional grounds. He was dismissed and later assassinated. Central bankers live in a gilded world. But their work clearly involves some huge risks. A rather illiberal debate took place a fortnight ago between Edo State Governor, Godwin Obaseki, and the CBN and the Finance Ministry. Obaseki revealed that some ...