Home
Money Market
6 Conditions Responsible for Slowdown of Nigeria's Economy - CBN
6 Conditions Responsible for Slowdown of Nigeria's Economy - CBN
Victor
-
Thursday, March 24, 2016
The Monetary Policy Committee of the Central Bank of Nigeria, CBN, at the end of its recent meeting issued a circular which attributed the slowdown in Nigeria's economy to the following reasons:
uncertainty around fiscal policy,
adverse external environment,
security challenges in some parts of the country affecting production and distribution of agricultural produce,
low electricity supply,
fuel shortages,
sluggish growth in credit to 15 the private sector
According to the circular, these issues which aren't new have been plaguing the country for a while and continued in the first quarter of 2016. Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
Subscribe to:
Post Comments
(
Atom
)
...I hope you are not positioning your daughter for Messi to Marry ooo!. Presido!
ReplyDeleteHaba! ...una no mention Jonathan and Deziani ooo! ..and Iweala.I know gree. Where is Lai!
ReplyDeleteShows the problems plaguing this nation started all the way back from 16 years of PDP administration.
ReplyDelete