Deregulation: CBN raises alarm
Central Bank of Nigeria (CBN) has picked hole in the planned deregulation of the downstream oil sector, saying that it will cause inflation. Speaking during the 66 Monetary Policy Committee (MPC) meeting on Tuesday in Abuja, CBN Governor, Mr Sanusi Lamido Sanusi, stated that inflation had decelerated and that seasonal factors and the planned deregulation of the downstream oil sector of the economy pose a major threat to inflation outlook in the near or medium term. In his submission, the deregu… Continue
Added by JIBRIL IBRAHIM Y on November 4, 2009 at 6:45pm — No Comments
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