The Director of the Centre for the Promotion of Private Enterprise, Dr Muda Yusuf has said the current inflationary pressures might ease by December this
His review comes amid the effect of fuel subsidy removal and foreign exchange reforms by President Bola Ahmed Tinubu’s administration.The National Bureau of Statistics said Nigeria’s inflation is 22.41 per cent. Nigerians have continued to lament the hike in the prices of goods and services.
Meanwhile, Yusuf said that the effect of fuel subsidy removal and forex reforms would be in the short term.Meanwhile, Yusuf said the CBN should implement a sustainable intervention framework to moderate the volatility in the forex market.“It would pave the way for an equilibrium exchange rate which would be more tolerable and sustainable”, he stated.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CEO of Mariam Ashley Yusuf Foundation Celebrates Benue GovernorA former Face of Idoma beauty queen, Ashley Mariam Yusuf, has congratulated the governor of Benue State, Rev. Fr. Hyacinth Alia.
Read more »
No regrets demolishing structures in Kano - Gov YusufThe Kano State Governor, Abba Kabir Yusuf, says he has no regret demolishing some structures in the state capital. Speaking while hosting the Emir of
Read more »
Kano State Has To Reclaim All Illegally Acquired Properties – Governor Yusuf Defends Ongoing Demolition | Sahara ReportersThe Kano State Governor, Abba Yusuf, infamous for his administration’s ongoing demolition exercise, has stated that the demolition began to reclaim public properties that were illegally acquired. The governor noted that he would ensure that all such properties are restored for the benefit of the people of the state.
Read more »
Wilder confirms Joshua fight in DecemberDeontay Wilder has provided a huge update regarding the highly anticipated Saudi clash with Anthony Joshua this December, PUNCH Sports Extra reports.
Read more »
Abba Yusuf: I'm not on vendetta mission... critics should wait till my tenure ends | TheCableAbba Yusuf, the governor of Kano, says the demolition of some structures across the state should not be interpreted as a vendetta.
Read more »
Nigerian Navy Fails To Release Two Personnel For Trial Six Months After Stabbing Police Superintendent To Death | Sahara ReportersThe Nigerian Navy has shielded two of its personnel who were involved in the stabbing to death of an Assistant Superintendent of Police (ASP) Abiona Hezekiah, in the Satellite area of Lagos State since December 3, 2022, SaharaReporters learnt on Saturday. SaharaReporters gathered that the navy had refused to hand over two naval ratings, namely; Seaman Nnamani Anointing, and OSMTD Onyekachi Egwin, to the Nigerian police for prosecution, as confirmed by Inibehe Effiong, a human rights lawyer, in a release on Saturday.
Read more »