Emefiele, Adeosun, Udoma brief Buhari on state of economy

Ministers, CBN governor brief Buhari on economy

By Jite Eriabie 

President Muhammadu Buhari on Monday received briefings from some ministers and Governor of the Central Bank of Nigeria (CBN), Godwin Emefile, on the state of the economy.

Buhari, who was in the United Kingdom for 103 days on medical vacation, expressed delight at the improving economy.

The ministers, who briefed the President, included the Minister of Budget and National Planning, Udoma Udo Udoma and the Minister of Finance, Kemi Adeosun.

A statement issued by the Special Adviser on Media and Publicity to the President, Femi Adesina, reads: “For almost two hours, President Muhammadu Buhari on Monday received briefing from the Minister of Budget and National Planning, Senator Udoma Udo Udoma, the Minister of Finance, Mrs. Kemi Adeosun, and Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, after which a delighted President declared that he was pleased with the progress being made on different fronts.”

According to him, the ministers and CBN Governor updated the President on the improving state of the economy, implementation of the 2017 Budget, preparation for the 2018 Budget, revenue strategies, combined cost reduction and debt management.

They also discussed monetary policy strategies and their economic impact, among others.

President Buhari, while reminding the ministers and CBN Governor that reviving the economy was one of the major planks on which the campaign of his party, the All Progressives Congress (APC), was based, expressed gladness that things were looking up after two years of yeoman’s job.



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