By MBAFAN ADE, Abuja –
The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the tenure of Mr Olayemi Cardoso as governor, for Feb. 26 and Feb. 27.
The CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Sidi-Ali disclosed this in a statement issued on Friday in Abuja.
She said the apex bank , consequently, held a two-day strategic session for members of the MPC preparatory to the meeting.
Sidi-Ali said that the session aimed to brainstorm and engage in an in-depth discussion about the committee’s objectives.
She said that the critical focus areas during the retreat included deliberations on the strategic plan to effect necessary improvements in the monetary policy transmission mechanism.
She said that the sessions were facilitated by former MPC members, monetary policy communication specialists from the IMF and directors of departments critical to the MPC process.
“The valuable insights gained from these discussions will significantly contribute towards the robustness of the forthcoming MPC meetings,” she said.
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