Pains Of Ongoing Reforms’ll Soon Be Over – CBN

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By Grace Alegba

CBN Governor, Yemi Cardos has said that the pains of ongoing reforms would soon be over if Nigerians remain focused on supporting the monetary and fiscal policies of the government.

Cardoso represented by Dr Blaise ljebor, Director, Risk Management, said this while participating in a panel discussion during the Vanguard Economic Discourse in Lagos with the theme: “Reforms in the Era of Global Economic Uncertainties: Whither Nigeria”.

He was responding to economic and financial issues raised during the session by organised labour, Bureau De Change operators, manufacturers and economic advisers.

He said inflation had many parts which the government was trying to fix.

“If we stay focused on the reform, the pains would be short-lived,” he said.

Earlier, Cardoso said the impact of the policies of the apex bank in resolving foreign exchange challenges and other monetary issues.

He explained the reasons for the planned bank’s recapitalisation and…



Source: News Agency of Nigeria