- The Federal Government has taken practical steps to revamp the Nigerian economy over the past year, according to Central Bank of Nigeria (CBN) Governor Yemi Cardoso.
- Cardoso emphasized that the country is making steady progress in various economic sectors.
- He urged both the public and private sectors to synergize and consolidate on the modest achievements.
The Federal Government has made significant strides in revamping the Nigerian economy, according to CBN Governor Yemi Cardoso. Speaking at the Bankers’ Committee Retreat in Abuja, Cardoso acknowledged the challenges facing the nation, including poverty, rising inflation, and infrastructure deficits. However, he emphasized that the country is making progress in various economic sectors.
Cardoso urged the Bankers’ Committee to take bold steps in contributing to the country’s economic growth and development. He tasked the committee to consider ways to improve the business environment, leverage public-private partnerships for infrastructure development, and close skill gaps in the workforce.
The Vice President, Sen. Kashim Shettima, also emphasized the importance of growth and development, noting that banks play a pivotal role in achieving meaningful economic growth.
