CBN GOVERNOR, MINISTERS UPDATE BUHARI ON ECONOMY

The Ministers and CBN Governor updated the President on steps to improving the economy, implementation of the 2017 Budget, preparation for the 2018 Budget, revenue strategies, combined cost reduction and debt management. Also discussed were monetary policy strategies and their economic impact, among others

President Muhammadu Buhari yesterday received almost a two-hour briefing from the Minister of Budget and National Planning, Senator Udoma Udo Udoma; the Minister of Finance, Kemi Adeosun; and the Governor of the Central Bank of Nigeria, Godwin Emefiele.
The Ministers and CBN Governor updated the President on steps to improving the economy, implementation of the 2017 Budget, preparation for the 2018 Budget, revenue strategies, combined cost reduction and debt management.
Also discussed were monetary policy strategies and their economic impact, among others.
President Buhari, while reminding the Ministers and the CBN Governor that reviving the economy was one of the major planks on which the campaign of his party, the All Progressives Congress, was based, expressed gladness that things were looking up after two years.
Urging them to keep at it at the meeting also attended by his Chief of Staff, Malam Abba Kyari, the President noted that the main aim of government was to bring succour to Nigerians across all walks of life.
Buhari also declared that he was pleased with the progress being made on different fronts.