Friday 21 February 2014

Sanusi’s Suspension: Okonjo-Iweala Allays Fears of Negative Impact on Economy

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has assured Nigerians that despite the suspension of Central Bank Governor, Sanusi Lamido Sanusi, the federal government would remain resolute in the management of the nation’s economy.

The minister, who made this known to newsmen in Abuja yesterday, also stated that the government would continue the pursuit of macro-economic stability, which has become the hallmark of the present administration.

“It is the macro-economic stability we maintained that has enabled us to continue to transform the different sectors of the economy, and that will not change,” she said. “We will maintain tight fiscal policy. We expect a continuation of the tight monetary policy that has been on at the central bank.”

She therefore urged market participants to carry on with businesses without fear.

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