The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has reiterated that his leadership would focus mainly on the core mandate of price stability.
According to a statement from the CBN, Mr Cardoso disclosed this recently, while playing host to the Impact Investing Community.
The Impact Investing Community was led by the 14th Emir of Kano, Muhammadu Sanusi II, who is a former Governor of the CBN.
Mr Cardoso said that he and his team were determined to change the narrative about the CBN, and make it more impactful in the lives of Nigerians by curtailing inflation.
According to him, at the end of our tenure, we want to look back and see that our policies have positively impacted people’s lives.
He said that the community represented an excellent future for Nigeria and has the potential to transform the country’s economy.
Mr Cardoso assured the visitors that the apex bank would collaborate with them in the direction of putting in place frameworks that will encourage investments.
In his remarks, Mr Sanusi said that the CBN’s activities had a massive impact on the lives of Nigerians.
According to him, many people often do not know the impact of a Central Bank’s works until a Central Bank fails.
He urged the new leadership at the CBN to work persistently at driving down inflation rate, which he said had severely impacted the wealth of individuals.
