Home LOCAL My focus is fighting inflation – Emefiele

My focus is fighting inflation – Emefiele

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Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has maintained that his focus at this point in time is to formulate a robust monetary policy and fight inflation, which is now a global problem.

He also said that part of his focus is also to build a strong financial system in an increasingly uncertain global economy.

Emiefiele made this position known in a series of tweet on his official Twitter account on Monday, which seems to be  in reaction to calls for him to run for the presidency of the country in 2023.

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The CBN governor listed other areas of focus to include development finance and supporting farmers and manufacturers in the bank’s self-sufficiency and import substitution as well as raising N15 trillion for Infrastructure Corporation of Nigeria (InfraCo) infrastructure finance.

Emefiele said that the apex bank is building a world-class international financial centre in Lagos as well as supporting President Muhammadu Buhari’s administration to finish strong.

The tweets read, “My focus at this time is a robust monetary policy and fighting inflation, which is now a global problem, building a strong financial system in an increasingly uncertain global economy.

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“Development finance and supporting farmers and manufacturers in our self-sufficiency and import substitution drive, raising N15 trillion for InfraCo infrastructure finance, building a world-class international financial centre in Lagos, as we support the Muhammadu Buhari administration to finish strong.’’

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