President Bola Tinubu has urged State Governors to trust the Central Bank of Nigeria with the management of the Country’s Monetary Policy, emphasising the importance of allowing Designated Institutions to fulfill their Mandate effectively.
President Tinubu made this known at a Meeting with the 36 State Governors in Abuja on Thursday.
He said the ”cacophony of postulations” on the fluctuation of Foreign Exchange Rates was unduly affecting the Market negatively.
”Everyone of us cannot be an Expert. If we have given someone an assignment, let us allow them to do it. If they can not do it, then we find a way to quickly get them out of the System,” he said.
The President urged the Governors to always make the Welfare and Prosperity of the People a priority of their Development Programmes, assuring them that the Federal Government would continue to work diligently to improve the Nation’s Revenue Profile.
At the Meeting, the President and the Governors emphasised the importance of working together to address issues of Insecurity, Food Security and Out-of-School Children.
Governor AbdulRahman AbdulRazaq of Kwara State and Chairman of the Nigeria Governors’ Forum, lauded the President for convening the Meeting, adding that the Governors would continue to collaborate with the Federal Government.
Credit NAN: Texts excluding Headlines
