CBN Sets Date For Monetary Policy Committee Meeting.

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 The Monetary Policy Committee meeting will be held on March 20 and 21, 2023, according to the Central Bank of Nigeria.

The apex bank stated that the two-day meeting would take place in Abuja.

The apex bank made this disclosure on its website, which our correspondent checked on Tuesday.

The members of the committee include Godwin Emefiele, Governor, CBN, (Chairman); Aisha Ahmad, Deputy Governor, Financial System Stability, CBN, (Member): Edward Adamu, Deputy Governor, Corporate Services, CBN, (Member); Folashodun Shonubi, Deputy Governor, Operations, CBN, (Member); Kingsley Obiora, Deputy Governor, Economic Policy, CBN, (Member); Festus A. Adenikinju, Department of Economics, University of Ibadan, (Member); Aliyu Sanusi, Department of Economics Ahmadu Bello University, (Member); Robert C. Asogwa, African Development Bank, Abuja, Member.

Others are Mike Obadan, Department of Economics and Statistics, University of Benin, (Member); Mohammed Salisu, Senior Special Assistant to The President, Development Policy, (Member) Momodu Omamegbe, Security & Exchange Commission, (Member) Aliyu Ahmed, Permanent Secretary, Federal Ministry of Finance, (Member).

The MPC is the highest policy-making committee of the Bank.

Its duties include assessing the state of the economy’s financial and economic conditions, deciding on the best course of action for the short to medium term, routinely reviewing the CBN’s monetary policy framework, and making modifications as needed.

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