Monetary Policy: Emefiele Expresses Optimism on Timely Appointment of Ministers

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said he is optimistic that President Muhammadu Buhari will appoint new ministers on time to help monetary policies thrive.

When asked if he could advise the president to reconstitute his cabinet on time to ensure that fiscal policies aid monetary policy for Nigeria’s development could advise at the monetary policy committee briefing, Emefiele said appointing ministers was a difficult task, but he was optimistic that the president would do what Nigerians have asked for.

“It is important for me to say that the decision to reconstitute or appoint ministers, I must confess I don’t have all the details. But I do know it is not an easy one given the fact that the president must go through finding suitable and hardworking people that can work for the country from at least the 36 states of the country.

“It is not an easy task but I am optimistic that since you have called for it, you will get what you want.”

Recall that it took President Buhari five months to appoint ministers in 2015.

President Buhari had recently renominated Emefiele to spearhead the affairs of the apex bank and the nomination has been confirmed by the national assembly.

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