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6 Conditions Responsible for Slowdown of Nigeria's Economy - CBN


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.
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3 comments

  1. ...I hope you are not positioning your daughter for Messi to Marry ooo!. Presido!

    ReplyDelete
  2. Haba! ...una no mention Jonathan and Deziani ooo! ..and Iweala.I know gree. Where is Lai!

    ReplyDelete
  3. Shows the problems plaguing this nation started all the way back from 16 years of PDP administration.

    ReplyDelete

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