The importance of transparency in political and economic relations is increasingly being talked about, as evidenced by the recent letter sent by Matthew Burkaa, Emefiele’s advisor, to a group of journalists. This letter demands a public apology from Akpabio, following comments made by the Senate President questioning the past management of the governor of the Central Bank of Nigeria.
Akpabio in fact accused Emefiele of putting in place policies contributing to the current economic crisis affecting millions of Nigerians. At an event in Port Harcourt, Akpabio said: “I remember President Obama saying that you cannot understand Washington without being there. Looking at the economic situation in the country, we saw an alarming deterioration.”
He also expressed doubts about the accusations against Emefiele, but suggested possible negligence in his political decisions on economic matters. This affair once again underlines the importance of the responsibility of political and economic leaders towards citizens.
Informed and transparent management is essential to guarantee citizen confidence and promote economic and social development. The apology requested from Akpabio and the demand for transparency from Emefiele demonstrate the importance of communication and mutual respect in the political and economic spheres.