• Recession: Senate seeks harmonization of financial, monetary policies

    Recession: Senate seeks harmonization of financial, monetary policies

    According to reports, The Senate has urged the Ministry of Finance and the Central Bank of Nigeria (CBN) to harmonize the Federal Government’s financial and monetary policies as one of the ways to end the current economic recession.

    The Upper Chamber also enjoined the Executive to urgently negotiate external concessionary borrowing to finance aspects of deficit in the 2016 Appropriation Act.

    These were part of the recommendations adopted by the Red Chamber after its two-day exhaustive debate to proffer solutions to the […]