CBN will be limited without autonomy — Northern Youths

CBN re-introduces publication of key economic reports

CBN will be limited without autonomy — Northern Youths …C0NTINUE READING HERE >>>

The Northern Ethnic Youth Group Assembly (NEYGA) has expressed concerns over the proposed amendments to the Central Bank of Nigeria (CBN) Act of 2007, which they described as a direct threat to the bank’s independence.

The amendments, which would require the CBN to submit its budget for National Assembly approval, have raised alarms within the group.

In a statement issued by its spokesperson, Mallam Ibrahim Dan-Musa, NEYGA warned that the changes could destabilize the CBN and undermine…

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