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facts about clement isong.html

10 Facts About Clement Isong

facts about clement isong.html1.

Clement Nyong Isong was a Nigerian banker and politician who was governor of the Central Bank of Nigeria from 1967 to 1975 during the military regime of General Yakubu Gowon.

2.

Clement Isong was later elected governor of Cross River State in the Nigerian Second Republic.

3.

Clement Isong studied at University College, Ibadan, Iowa Wesleyan College, Mount Pleasant, Iowa, and the Harvard Graduate School of Arts and Sciences, where he obtained a Ph.

4.

Clement Isong taught economics in the University of Ibadan before joining the Central Bank of Nigeria as secretary, later becoming director of research.

5.

Clement Isong was seconded to the International Monetary Fund as an adviser in the African Department.

6.

Clement Isong headed the CBN during the Nigerian Civil War and during the subsequent oil boom.

7.

Clement Isong complained that Nigeria was accumulating foreign reserves but had "nowhere to invest them properly", although there was huge scope for infrastructure improvements.

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8.

In 1981 Clement Isong had to deal with a border crisis with Cameroon that originated in the Ikang area, visiting the trouble spot in person.

9.

In 1982, having contributed to the growth and development of Nigeria, Dr Clement Isong was honoured with Nigeria's national honour of Commander of the Federal Republic of Nigeria.

10.

Clement Isong was opposed in the 1983 elections by Senate President Joseph Wayas, who was the leader of the NPN party's "Lagos Group" and Senator Joseph Oqua Ansa who was the senator representing calabar senatorial district they supported Senator Donald Etiebet as governor.