CBN MPC Member Flags Rising Debt Despite Reforms, Projects Naira to Strengthen to N1400/$1 by Year-End

A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has expressed concern over the ballooning country’s debt stock despite key reforms such as fuel subsidy removal and foreign exchange liberalization, deepening concern over Nigeria’s fiscal health. In his personal statement released after the MPC’s 301st meeting and published on

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