Would you like to receive notifications on latest updates of the following headlines?

Cbn Governor Promises Good Life For Nigerians

POSTED ON February 9, 2024 •   Business      BY Oluwakemi Ademuyiwa •   VIEWS 135

The governor of the Central Bank of Nigeria, Yemi Cardoso has promised a good and comfortable life for Nigerians amidst its current economic setbacks.

Cardoso made the promise in a meeting on Friday with the Senate committee, reassuring them amidst the ongoing economic difficulties, expressing optimism that the nation will soon overcome its current hardships.

He emphasized the need for collective action to restore Nigeria's economic stability, acknowledging the challenges ahead. "It is a collaborative endeavor. There may be challenges along the way, but we are committed to restoring Nigeria to its former prosperity," stated the CBN governor.

He conveyed these sentiments during a meeting held with the Senate and President Bola Ahmed Tinubu's economic team, addressing concerns regarding the nation’s struggling economy, widespread hunger, and the depreciation of the Naira.

Following an invitation from the Senate, the entire economic team under President Tinubu was summoned to appear, with key figures such as Minister of Finance Olawale Edun, Minister of State for Budget and Economic Planning Atiku Bagudu, CBN Governor Cardoso, Chairman of the Federal Inland Revenue Service (FIRS) Zacch Adedeji, and Comptroller General of the Nigeria Customs Service (NCS) Bashir Adewale Adeniyi in attendance.

The chairman of the Senate Committee on Banks, Insurance, and Other Financial Institutions, Senator Adetokunbo Abiru explained that last week’s scheduled meeting with the CBN Governor had to be postponed due to Cardoso’s prior commitments at the House of Representatives.

The meeting could be said to be productive but more information to come on its proceedings.

RECOMMENDED FOR YOU
Dangote Refinery reduces petrol price by two per cent
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit, PMS,...

RECOMMENDED FOR YOU
IMF pledges support for Tinubu's reforms
BY Abiodun Saheed Omodara November 21, 2024 0

The President of the International Monetary Fund (IMF), Kristalina Georgieva has expressed strong ba...

RECOMMENDED FOR YOU
Amazon Shares Show Resilience Amid Market Fluctuations
BY Suleiman Kelvin Jimoh November 21, 2024 0

Amazon.com Inc (AMZN) has demonstrated a remarkable rebound in the stock market, showing a year-to-d...

RECOMMENDED FOR YOU
Gombe gov presents N320bn 2025 budget to assembly
BY Abiodun Saheed Omodara November 20, 2024 0

Gombe State Governor, Muhammadu Yahaya, presented a proposed budget of N320.11 billion for the 2025...

RECOMMENDED FOR YOU
NNPCL: Coalition group vows protest, says 1.6bn litres PMS will cripple economy
BY Benedicta Bassey November 20, 2024 0

NIGERIA—Following the decision by the Nigeria National Petroleum Company Limited (NNPCL), to i...

RECOMMENDED FOR YOU
FG reviews housing budget to N500bn for 2025
BY Benedicta Bassey November 19, 2024 0

NIGERIA —The Federal Government on Tuesday said it is reviewing it's annual housing budget to...

RECOMMENDED FOR YOU
Naira appreciates, hit N1,735/$ in parallel market
BY Benedicta Bassey November 19, 2024 0

The Naira appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weeken...

RECOMMENDED FOR YOU
Tinubu, India PM sign pacts to foster collaboration in defence, economy
BY Benedicta Bassey November 18, 2024 0

NIGERIA — Nigeria and India have entered into partnership to foster collaboration in  def...

OUR CHANNELS:

OTHER ARTICLES ::

25th November, 2024
Lagos residents petition IGP over FHA's breach of court orders
BY Benedicta Bassey November 25, 2024 0

LAGOS STATE, Nigeria - Following an alleged breach of the rule of law by officials of the Feder...


Dangote Refinery reduces petrol price by two per cent
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit, PMS,...


Jet crash: One dead, others sustains injury in Lithuania
BY Benedicta Bassey November 25, 2024 0

LITHUANIA, Europe: One person has died, and three others were injured following a cargo plane that c...


Celebrated South African writer, Breytenbach dies leaving strong legacy
BY Benedicta Bassey November 25, 2024 0

South Africa —  Celebrated anti-apartheid writer, poet and activist, Breyten Breytenbach,...


Boats mishap claim 24 Somali migrants near Madagascar
BY Benedicta Bassey November 25, 2024 0

MOGADISHU, East Africa --- At least 24 Somali nationals have died after two boats carrying migr...


Probe humanitarian ministry's missing N57bn, SERAP tells Tinubu
BY Benedicta Bassey November 25, 2024 0

NIGERIA — The Socio-Economic Rights and Accountability Project has called on President Bo...


Lagos Govt extols S’Court verdict, nullifying National Lottery Act
BY Benedicta Bassey November 25, 2024 0

LAGOS, Nigeria  — The Lagos State Government has hailed the Supreme Court judgm...


A’Ibom suspends principal, begins probe over poor meal in boarding schools
BY Benedicta Bassey November 25, 2024 0

AKWA IBOM, Nigeria  — The Akwa Ibom State government has suspended the principal of...


NAFDAC warns against unsafe antibiotics use in animals, humans
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — The Director-General, National Agency for Food and Drug Administration an...


Top doctors halt strike action to review FG's response
BY Benedicta Bassey November 25, 2024 0

NIGERIA — The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has suspend...


Menu