Nigeria’s economy faces significant downside risks –CBN

This was contained in a recent keynote address by the Deputy Governor, Economic Policy of the Central Bank of Nigeria (CBN), Sarah Alade at the Fiscal Liquidity Assessment Committee (FLAC) monetary and Fiscal policy coordination workshop held in Abuja.
The Workshop which brought together stakeholders in monetary and fiscal policy had its theme as “Can Monetary or Fiscal Policy alone Achieve Macroeconomic Stability and Growth?”
On the fears that political activities may lead to rise in the nation’s inflation in the next couple of months, she stated that “Anticipated level of injection would require enormous effort to manage domestic excess liquidity to reduce inflationary pressure.”