Prominent public affairs commentator and environmentalist, Chief Sunny Onuesoke, has called for the full independence of the Central Bank of Nigeria, CBN, saying economic stability and investor confidence can only be achieved when the apex bank operates free from political interference.

Speaking during an interactive session with journalists in Delta State, Onuesoke said Nigeria’s economy requires strong institutions capable of making professional financial decisions based on economic realities rather than political pressure.

According to him, the independence of the CBN remains a critical pillar in safeguarding the value of the naira, controlling inflation, and restoring public confidence in the nation’s financial system.

“True economic growth can only thrive when the Central Bank of Nigeria operates independently, free from political interference and focused on protecting the value of the naira and the future of Nigerians,” he stated.

Onuesoke noted that countries with stable economies often maintain central banks that are allowed to function professionally and transparently, urging policymakers and stakeholders to strengthen laws that guarantee the autonomy of the apex bank.

He also stressed the need for fiscal discipline, accountability, and sound monetary policies to attract both local and foreign investments into the country.

The environmentalist called on the Federal Government, lawmakers, and financial experts to work together toward rebuilding trust in the nation’s economy through institutional reforms and greater economic transparency.

He observed that economic analysts had continued to debate the role of central bank independence in developing economies, with many maintaining that policy consistency and credibility remain essential for sustainable growth.

Onuesoke, however, expressed optimism that Nigeria could overcome its present economic challenges with the right leadership and policies.

He urged Nigerians to remain hopeful, insisting that the country possesses the potential to achieve long-term economic prosperity through disciplined economic management and institutional reforms.