The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will hold its first meeting under the tenure of CBN Governor, Olayemi Cardoso, on Monday, February 26, and Tuesday, February 27, 2024.
This was made known by the Acting Director, Corporate Communications Department, CBN, Hakama Sidi Ali, on Friday, January 19.
Ali noted that the date for the MPC meeting was confirmed after a two-day strategic session for members of the committee.
She noted that the session aimed to brainstorm and engage in an in-depth discussion about the committee’s objectives.
READ ALSO: CBN vows to prosecute forex defaulters, settles $2bn liabilities
The CBN spokesperson revealed that the critical focus areas during the retreat included deliberations on the strategic plan to effect necessary improvements in the monetary policy transmission mechanism.
According to her, the sessions were facilitated by former MPC members, monetary policy communication specialists at the IMF, and Directors of Departments critical to the MPC process.
“The valuable insights gained from these discussions will significantly contribute towards the robustness of the forthcoming MPC meetings,” Ali added.
Meanwhile, a calendar of meetings of the MPC for 2024 published on the CBN website showed that the meetings have been scheduled for February, March, May, July, September, and November 2024.
- 1.8mbpd crude oil production: Tantita lauds NNPCL, committed to 2mbpd target - November 15, 2024
- ‘Dedicated patriot’: PAP boss mourns Chief of Army Staff Lagbaja - November 15, 2024
- Wike counters Falana: Nothing wrong building houses for judges - November 15, 2024
