Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has affirmed his dedication to curbing inflation during a recent meeting with the Impact Investing Community. He expressed a firm commitment to ensuring that CBN’s policies, under his leadership, make a positive difference in the lives of Nigerians.
The gathering, attended by the 14th Emir of Kano and Khalifa of the Tijaniyyah Sufi order of Nigeria, Muhammadu Sanusi II, who formerly served as a CBN governor, saw discussions on the country’s inflation rate. Sanusi urged the new CBN leadership to persistently work on lowering inflation, which has negatively impacted individuals’ financial well-being.
Mr. Cardoso extended his gratitude to the Impact Investing Community for their visit, recognizing their potential to revolutionize Nigeria’s economy through strategic investments. He vowed to focus on the central mandate of maintaining price stability.
Khalifa Sanusi underlined the significance of the CBN’s actions in the lives of Nigerians, stressing that people often underestimate the central bank’s influence until a crisis unfolds.
Mrs. Ibukun Awosika, Chair of Impact Investing, expressed her organization’s willingness to support the CBN and the federal government in channeling resources toward areas with the most positive impact, given the availability of substantial global investment funds.
Dr. Bala Bello, the Deputy Governor responsible for Corporate Services, emphasized the global shift toward social investment and stressed the importance of collaboration and effective communication in addressing Nigeria’s present challenges.
The meeting underscored the CBN’s determination to address inflation and collaborate with the Impact Investing Community to promote economic growth and enhance the well-being of Nigerians.
