The Central Bank of Nigeria (CBN) maintains that the economic adjustments introduced over the last 34 months have created a durable base for steady growth, financial health, and widespread development. According to the institution, these actions are already fostering better macroeconomic health, generating new jobs, and aiding in the battle against poverty throughout the nation.
During the CBN Fair in Bauchi, which focused on using alternative payment systems to advance financial inclusion, Acting Director of Corporate Communications Hakama Sidi Ali explained that these policies aim to set the economy on a path for lasting expansion. Represented by Deputy Director Michael Dalyop, she detailed key initiatives such as market unification, banking sector recapitalization, enhanced digital systems, and modernized monetary policy.
Sidi Ali stressed that under Governor Olayemi Cardoso, the bank remains dedicated to its primary duty of ensuring price and monetary stability. Meanwhile, Branch Controller Michael Dalyop noted that the bank’s 2024–2028 roadmap seeks to broaden access to formal financial services. This strategy is designed to assist businesses in improving productivity and increasing their impact on Nigeria’s GDP. Officials at the event also encouraged citizens to rely on official sources for information and to strictly follow regulations regarding currency usage.
