Home News CBN announces date for MPC meeting

CBN announces date for MPC meeting

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The Central Bank of Nigeria, CBN, has announced its Monetary Policy Committee meeting would be held on March 20 and 21, 2023.

The two-day meeting, according to the apex bank, would be held in Abuja.

The apex bank made this disclosure on its website on Tuesday.

The members of the committee include Godwin Emefiele, Governor, CBN, (Chairman); Aisha Ahmad, Deputy Governor, Financial System Stability, CBN, (Member): Edward Adamu, Deputy Governor, Corporate Services, CBN, (Member); Folashodun Shonubi, Deputy Governor, Operations, CBN, (Member); Kingsley Obiora, Deputy Governor, Economic Policy, CBN, (Member); Festus A. Adenikinju, Department of Economics, University of Ibadan, (Member); Aliyu Sanusi, Department of Economics Ahmadu Bello University, (Member); Robert C. Asogwa, African Development Bank, Abuja, Member.

Others are Mike Obadan, Department of Economics and Statistics, University of Benin, (Member); Mohammed Salisu, Senior Special Assistant to The President, Development Policy, (Member) Momodu Omamegbe, Security & Exchange Commission, (Member) Aliyu Ahmed, Permanent Secretary, Federal Ministry of Finance, (Member).

The MPC is the highest policy-making committee of the Bank.

Its responsibilities include assessing the financial and economic state of the nation’s economy, deciding on the best course of action for the short to medium term, routinely reviewing the CBN’s monetary policy framework, and making modifications as needed.

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