CBN Sets Date for MPC Meeting

The Central Bank of Nigeria has announced its Monetary Policy Committee meeting would be held on March 20 and 21, 2023.

The two-day meeting, according to the apex bank, would be held in Abuja.

The apex bank disclosed this on its website, monitored by our correspondent on Tuesday.

The members of the committee include Godwin Emefiele, Governor, CBN, (Chairman); Aisha Ahmad, Deputy Governor, Financial System Stability, CBN, (Member): Edward Adamu, Deputy Governor, Corporate Services, CBN, (Member); Folashodun Shonubi, Deputy Governor, Operations, CBN, (Member); Kingsley Obiora, Deputy Governor, Economic Policy, CBN, (Member); Festus A. Adenikinju, Department of Economics, University of Ibadan, (Member); Aliyu Sanusi, Department of Economics Ahmadu Bello University, (Member); Robert C. Asogwa, African Development Bank, Abuja, Member.

Others are Mike Obadan, Department of Economics and Statistics, University of Benin, (Member); Mohammed Salisu, Senior Special Assistant to The President, Development Policy, (Member) Momodu Omamegbe, Security & Exchange Commission, (Member) Aliyu Ahmed, Permanent Secretary, Federal Ministry of Finance, (Member).

The MPC is the highest policy-making committee of the Bank.

It is mandated to review economic and financial conditions in the economy, determine the appropriate stance of policy in the short to medium term, review the CBN monetary policy framework regularly, and adopt changes when necessary.