GTB 737 banner Yudala banner

Senate hails CBN, Emefiele’s management of the economy

By Mayowa Okekale, Abuja on 20/01/2016

Share on facebook Yahoo mail icon Gmail icon

Views: 1,515


For the Central Bank of Nigeria (CBN) and its Governor, Godwin Emefiele, it was a vote of confidence after the Executive Session held between the Governor and Senators yesterday afternoon at the National Assembly Complex in Abuja.

The Upper Chamber expressed satisfaction with the policies of CBN under Emefiele’s watch, stating that the policies of the apex bank are aimed at expanding economic opportunities and stimulating the growth of the country.

Addressing journalists at the National Assembly after the closed door session, Senate Spokesperson Abdullahi Sabi said: “The analysis by the CBN showed that Nigeria is not doing badly in many macroeconomic indices, when compared to its peers.”

Continuing, he said: “Having carefully considered the policies of the CBN, the Senate would like to commend and support these policies because they are mostly geared towards increasing local production, creating jobs here in Nigeria, safeguarding our commonwealth, and expanding economic opportunities and growth in Nigeria.”

Senator Sabi disclosed that after Emefiele’s presentation, “many distinguished senators asked a lot of pertinent questions and raised issues concerning the health of the banking system, the stoppage of sales of foreign exchange to BDCs, gradual rise in inflation, fall in foreign exchange reserves, exclusion of some items from access to foreign exchange, and policy coordination between the fiscal and monetary authorities.”

•Photo shows CBN Governor Emefiele.

Source News Express

Posted 20/01/2016 11:10:32 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Strike: Ngige eats humble pie, meets ULC

Suicide bomber kills 19 at Borno motor park...

Rivers Guber: Amaechi will be vindicated —APC •Says...

What NFF should have done (or must do)...

2015 governorship election did not take place in...

BREAKING: Perfect start for Mourinho as Manchester United...

UN, AU, ECOWAS back Nigeria to defeat Boko...

EEDC customers in Awka protest epileptic power supply,...

Demolition of Anglican Church building and indiscriminate conversion...

Lagos City Mall hosts creative workshop for children...

Obasanjo to Nigerians: Support the police to secure...

We didn’t spend N3bn on cars for political...

 

Latest News Buhari withholds assent to 2 bills, presents 3 others to Senate Nigeria, USA sign Commercial Investment Dialogue Nigerian Navy promotes 78 Senior Officers Senate postpones debate on 2018 Budget till next week MOSOP clears the air on meeting with oil operator Passengers stranded as union grounds Dana Air for 10 hours Ekwueme’s death a big loss to Igbo nation — Arthur Nzeribe Daniel, Man of Courage, Resilience, says Mimiko Ekwueme was a true statesman — Biafra Youth League Bloodbath as teenage bomber kills over 50 in Adamawa mosque BREAKING: Mugabe throws in the towel N1.5B used to buy votes during 2017 Anambra governorship election: Intersociety

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (295,009 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (278,770 views) Shameless Genevieve Nnaji exposes breasts in public (225,402 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (189,649 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (181,450 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (166,368 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (144,222 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (130,666 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (127,344 views) Lagos plane crash: Journalist releases victims’ names (116,583 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (113,861 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (108,047 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (30) Business (2,776) Business Verdict (26) Columnists (769) Complaints & Requests (93) Enterprise & Opportunities (187) Entertainment (405) Features (510) Global Business Monitor (190) International (1,650) Interviews (138) Live Commentary (28) Love Matters (83) News (30,414) Opinion (838) Pidgin (9) Politics (4,118) Religion (648) Sports (1,357) Stock Watch (24) AMA & Al Jazeera Global Update

 

UBA mobile app

CBN Words on marble

 

 

Argentina vs Nigeria

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!