Experts urged the FG to support domestic manufacturers in backward integration and sourcing manufacturing inputs locally by ensuring peace in most agrarian communities.
The NDIC said the commitment was made when the president of CIBN, Pius Olanrewaju, visited the managing director of the corporation in Abuja.
The Chartered Institute of Bankers of Nigeria has projected a cautiously optimistic outlook for Nigeria’s economy in the second half of the year.
Mr Ogubunka said, “This is imperative to ensure credibility in the system and foster economic growth.’
“Our exports should also be priced in naira. Even our crude oil; we have very quality crude, it should be priced in naira.’’
“With an SMP/MBA from LBS and an ACIB certification from CIBN, you gain access to a global network of international business leaders across Africa.”
He said despite the macroeconomic headwinds in 2022, the institute’s net operating surplus also grew from N799.17 million to N838.08 million.
It was the 6th consecutive time that the committee would hike the MPR, which was the baseline lending rate in the economy.
Economists have urged CBN to take firm control of the quantity of the redesigned naira notes it would release into circulation to avoid hoarding and counterfeiting.
“The people at the top are the ones enjoying it. Government has no business with subsidies…it should deregulate the economy fully…”
