By Admin
The Governor, Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has emphasized the need for sustained vigilance and a proactive monetary policy stance to ensure monetary stability in the country.
He was speaking during the 2025 Monetary Policy Forum, MPC, with the theme; Managing Disinflation Process, in Abuja.
Mr. Cardoso highlighted measurable progress in stabilizing the country’s foreign exchange market, increasing foreign reserves and the nation’s inflation.
He explained that the Forum was a focused platform for rigorous intellectual discourse, providing an opportunity to examine monetary policy formulation, implementation, and outcomes.
Also speaking, the Chairman, Nigerian Governor’s Forum and Kwara state Governor, Mr Abdulrazaq Abdulrahman who was represented by the Director General of the Forum, Dr Abdullahi Shittu said Monetary Policy alone could not address the economic challenges bedeviling the nation.
He advised that policy coordination between the Monetary and Fiscal Authority must be strengthened.
On his part, the Minister of Budget and National Planning, Mr Atiku Bagudu said there was need to drive productivity as the sectors elasticity was resilient.
Participants at the event clamoured for ease of doing business to attract and boost investor confidence.
