Nigerians should be prepared for another economic crisis – CBN governor Emefiele
The governor of the Central Bank of Nigeria, Godwin Emefiele has urged Nigerians to be fully prepared for another economic crisis
The CBN governor made this statement, while he attended a lecture on Wednesday at the University of Benin, the lecture was tagged “Beyond the global financial crisis: Monetary policy under global uncertainty”.
In his words “From some of my concluding remarks, whether you like it or not, there is global uncertainty that will unfortunately, most certainly lead to another crisis.
“The question could be, how are we Nigerians especially our leaders, I am talking of monetary and fiscal policy authorities, how are we preparing our country for the next crisis.
“We have luckily exited recession, we have seen recession pending downwards at about 18.72 petcent in 2017 to about 11.37 percent today.
“We have seen the reserves moving up unfortunately we still have some issues and those issues border on unemployment and those issues border on how we prepare our country”.
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