CBN deputy governor says reforms prevented economic collapse
The Deputy Governor of the Central Bank of Nigeria, Emem Usoro, has praised the bank’s recent reforms, claiming they averted an economic disaster. She spoke during her acceptance of an honorary doctorate at Akwa Ibom State University’s convocation ceremonies. Emem Usoro highlighted the alignment of monetary and fiscal policies as key to stabilising the economy and promoting inclusive growth. She also encouraged graduates to contribute their skills and ideas to Nigeria’s development.
TLDR
- Emem Usoro credited the Central Bank of Nigeria’s policies and systems for saving the country’s economy from disaster.
- She received an honorary doctorate in Business Administration at Akwa Ibom State University’s convocation ceremonies.
- The CBN’s alignment of monetary policies with government fiscal reforms has led to exchange rate and macroeconomic stability.
- Emem Usoro announced financial support from the CBN for the university’s academic and research work.
- She urged graduates, especially women, to pursue excellence and not be discouraged by societal constraints.
