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Emefiele speaks on delayed MPC meeting, Buhari nominees for CBN

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Wsj
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Emefiele speaks on delayed MPC meeting, Buhari nominees for CBN

Unread postby Wsj » Fri Mar 16, 2018 12:53 pm

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the bank will soon decide on a date to hold the next Monetary Policy Committee (MPC).

He said this in a chat with newsmen in Sunti, Niger State, when he accompanied President Muhammadu Buhari on inspection of the N50 billion Sunti Sugar Factory.


Emefiele commended the Nigerian Senate for resolving to screen the president’s nominees to the CBN board.

They are Aisha Ahmad and Edward Adamu.

Emefiele said, “The MPC meeting will hold and I’m very delighted that Senate has decided to screen the nominees earlier sent to them by the president.

“We will hold it in a few days. MPC was supposed to hold on March 19 or 20.


“What I suspect is that we will be holding our committee of governor’s meeting and we will decide.

“And I believe we will just have between seven to 10 days delay and the MPC will hold”.

Recall that the CBN had cancelled MPC meeting for January.




credit: daily post
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