Lamido Sanusi, former governor of the Central Bank of Nigeria, has called upon the current CBN governor, Olayemi Cardoso, to implement monetary policies aimed at reducing inflation and alleviating economic hardships faced by Nigerians.
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Sanusi made this call in a statement issued on Sunday after leading the Impact Investing Community team to the CBN Headquarters.
He stressed that the central bank’s activities have the potential to positively impact the economic challenges faced by Nigerians when the right monetary policies are implemented. Sanusi encouraged the CBN’s leadership to take effective measures to mitigate economic hardships in the country.
Sanusi emphasized the significant role of the Central Bank in the lives of Nigerians and the profound impact of its work on the country’s economic well-being. He urged the new CBN leadership to work diligently towards reducing the inflation rate, which has been severely affecting individuals’ wealth.
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It’s worth noting that Nigeria’s inflation rate has been steadily rising, with the September figure reaching 26.72 percent.
This report is developing, more details will be shared on the SkiwordNews Telegram Channel as soon as possible.
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