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CBN Plans to Bring Down Inflation to 21.4 Percent Through Improved Agricultural Productivity

· 07.02.2024 · 21:25:29 ··· ··· Wednesday ·· 3 (3) News Central TV
The apex bank’s boss hinted at this rig HR after he said the high cost of living remains a concern, adding that the CBN was working to bring lasting solutions and bring down inflation to 21.4 percent through improved agricultural productivity.
Explaining further, he said there’s increasing demand for dollars with an increase in Nigerian students studying abroad, projected to have exceeded 100,000 by 2022. Given this data of 28.6 billion dollars, education and medical tourism are also leading to an increase in demand for dollars.

Guests:
1. Razaq Fatai, economist, Abuja
2. Gbolahan Olojede, Economist, Lagos

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