CBN Deputy Governor highlights policies that saved Nigeria from economic disaster
via Punch Nigeria3 min read
Emem Usoro, Deputy Governor, Corporate Services, Central Bank of Nigeria, stated that the bank's ongoing reforms and implemented policies have prevented Nigeria from economic disaster. Speaking at Akwa Ibom State University's convocation where she received an honorary doctorate, Usoro noted that aligning monetary policies with fiscal reforms has led to exchange rate and macroeconomic stability, boosted economic growth, and fostered an inclusive economy. She emphasized the importance of brilliant young minds for Nigeria's economic growth, citing countries like Singapore, Japan, and South Korea as examples of nations that achieved prosperity by leveraging their youth's innovation. Usoro also announced financial support from the CBN for the university's academic and research work and encouraged graduates to remain curious and embrace new ideas. She charged female graduands to overcome societal constraints in pursuing their aspirations. The university graduated 6,779 first-degree and 746 postgraduate students.
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