Fidelity Banner Yudala banner advert
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: 886

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 04:10:32 AM


Share on facebook Yahoo mail icon Gmail icon



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

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


You may also like...
Pop star Davido graduates with second class degree...

Buhari to address UN Assembly over recovery of...

Firefighters avert disaster in Benin

African Leaders asked to jumpstart youth involvement in...

2015: Concerned Citizens of Akwa Ibom make case...

Troops kill Niger Delta militant, intensify manhunt for...

Obi, wife storm Awka Prisons, promise assistance

Breaking News: Keshi unveils World Cup list •Osaze,...

Urhobo Progressive Union gets new President-General

‘Governor Yahaya Bello not sick, desperate politicians behind...

Britain granted special status to stay in the...

2017: We will not disappoint Lagosians, Ambode assures...


Latest News Benin chief priest suspended over corruption BREAKING NEWS: Niger Delta militants dare FG, blow up pipeline hours after Osinbajo’s visit Dust haze, clouds to dominate weather condition today: NIMET NANS President’s efforts to reinstate 23 UNIPORT expelled students hit brick wall United Capital Plc, Societe Generale, Orange, others support African SMEs with €77m Fund Wike scolds Education Ministry over illegal levies passed to parents Another UNIOSUN student killed in Osogbo Lagos to increase GDP through entertainment — Ambode •Tasks artistes on structured framework to transform industry National Human Rights Commission writes UNAAB over whistleblowers Reps summon Service Chiefs over Southern Kaduna killings Nigeria to unify exchange rates: Osinbajo FG begins verification of pensioners in Nigeria and Diaspora


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (222,368 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (202,239 views) Shameless Genevieve Nnaji exposes breasts in public (168,925 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (158,365 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (142,324 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (127,272 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (113,216 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (111,400 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (100,144 views) Lagos plane crash: Journalist releases victims’ names (96,388 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (91,559 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (77,018 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (25) Business (2,407) Business Verdict (14) Columnists (606) Complaints & Requests (81) Enterprise & Opportunities (132) Entertainment (280) Features (355) Global Business Monitor (129) International (1,177) Interviews (111) Live Commentary (28) Love Matters (35) News (20,679) Opinion (615) Pidgin (8) Politics (3,479) Religion (459) Sports (1,207) Stock Watch (9) AMA & Al Jazeera Global Update


UBA banner advert



Africa Media Agency and Al Jazeera





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!