DAILY POST recalled that the Monetary Policy Committee of the Central Bank of Nigeria, as part of measures to control inflation and stabilise the naira, last month raised its benchmark interest rate, known as the Monetary Policy Rate, MPR, by 200 basis points to 24.75 percent from 22.75 percent in February 2024.
He appealed to Nigerians to continue to exercise patience with the president, assuring that things will continue to get better. 'The strategic policy of President Bola Tinubu, on the unification of exchange rate has started yielding positive results. 'With the steady appreciation of naira in the last few weeks, we can begin to say the worst is over. 'In the next few months, we will continue to reap the benefits of the tough economic decisions that was made by the president.
Oyintiloye Tinubu
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