₦airaland Forum

Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has assured Nigerians that the gains of the country’s monetary stability will soon translate into real economic impact as investor confidence strengthens.


Cardoso gave the assurance on Tuesday while briefing journalists after the CBN 303rd Monetary Policy Committee, MPC, meeting in Abuja.

His remarks come amid growing concerns from citizens that the recent decline in inflation to 16.05 percent has yet to significantly ease cost-of-living pressures.


Responding to questions from journalists, the CBN governor emphasized that the benefits of current monetary policy reforms would gradually reflect in everyday economic realities.

“To my mind, this is the core of the matter. To the extent that we have accomplished stability, it is a very fundamental process on the road to growth,” Cardoso said.


“Many years ago, there was instability in our market. Now we have moved to a situation where there is stability. After stability comes investment, and after investment comes growth.

“In some sectors, investment and growth even go hand-in-hand. If you look at the data from the last couple of quarters, there has been growth.

“The fact that we have now accomplished stability gives greater confidence to investors, who will ultimately invest, and all issues will be taken care of. I am almost certain that you will begin to see what I am talking about. What we need is stable and enduring growth, not short-term fixes.”


Earlier, DAILY POST reported that the MPC voted to retain the Monetary Policy Rate at 27 percent alongside all other key monetary parameters

ebukal67x:
We are getting there gradually.

femi4:
Future impossible tense

Bobloco:
https://dailypost.ng/2025/11/25/cbn-gov-reveals-when-nigerias-economic-stability-will-translate-to-growth/

Proudlyomonna:
Hahaha hahaha .
Na only jobless hopless Apc supporters go fit believe this olodo CBN Governor wey Alajo shomolu sabi work pass sef 😁😁. Na jobless Apc zombies like Burob, Softmirror, Yerimo, pigtormentor go fit believe this kind senseless bullcrap

themanderon:
Soon usually means never in Nigeria.

Burob:
Keep wailing, make u dey wait for CBN to come help u improve your existence.

Didijiji:
he is impatient

The same way your pastors , politicians, tribesmen and kinsmen keep wailing and waiting for GEJs CBN to come and improve their existence before they protested at Ojota

Burob:
With all due respect, I beg your pardon, GEJ?

Burob:
Keep wailing, make u dey wait for CBN to come help u improve your existence.

Ofunaofu:
Are you implying that the CBN governor doesn't know what he is saying

Didijiji:
Yes … CBN administration while GEJ was President

Bob.loco:
https://dailypost.ng/2025/11/25/cbn-gov-reveals-when-nigerias-economic-stability-will-translate-to-growth/

Burob:
Keep wailing, make u dey wait for CBN to come help u improve your existence.