Emefiele Unveils 5 Year Agenda, Guarantee Exchange Rate Stability.

The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has unveiled his five year economic blueprint for the country.

Speaking while unveiling his agenda for  his second tenure as the apex bank Governor Monday in Abuja, Emefiele said he would strive to sustain positive interest rate regime as well as work to bring down  the rate of inflation to single digit .

 Emefiele said he would work with the fiscal authority to pursue a double digit growth rate within the next five years.

He said the CBN will also guarantee exchange rate stability adding that it would adopt the managed floating exchange rate regime as well as support measures to diversify the country’s export base.

The CBN  Governeor  added that  the CBN will seek to broaden financial inclusion by ensuring that at least 95 per cent of all eligible adults have access to financial services by 2024.

He said the apex bank will work with banks to improve credit to SMEs, farmers and the teeming youths population with entrepreneur skills.


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