MPC meeting to hold soon, says Emefiele

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has given the assurance that the bank will soon decide on a date to hold the next Monetary Policy Committee (MPC) meeting. The apex bank had cancelled the MPC meeting for January.

Emefiele gave the assurance during a chat with journalists in Sunti, Niger State, when he accompanied President Muhammadu Buhari on inspection of the N50 billion Sunti Sugar Factory.

He commended the Senate for resolving to screen the president’s nominees to the CBN board. Those to be screened are Aisha Ahmad and Edward Adamu.

Emefiele said: “The MPC meeting will hold and I’m very delighted that Senate has decided to screen the nominees earlier sent to them by the president.

“We will hold it in a few days. MPC was supposed to hold on March 19 or 20.

“What I suspect is that we will be holding our committee of governor’s meeting and we will decide.

“And I believe we will just have between seven to 10 days delay and the MPC will hold,” he said.

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