Nigeria runs risk of ‘CBN-induced’ recession – NGF
The Nigeria Governors’ Forum on Sunday warned that the Central Bank of Nigeria‘s naira redesign policy could have disastrous effects on the nation and potentially lead to economic recession.
The governors, across party lines, disclosed this in a communique signed by the NGF chairman, Governor Aminu Tambuwal of Sokoto State, at the end of their meeting on Saturday in Abuja.
The NGF noted that the people’s inability to use the new notes has led to severe economic consequences, including the emergence of a black…