Ill Review Sanusis N266bn Deficit, Says - Emefiele NIGERIAs - TopicsExpress



          

Ill Review Sanusis N266bn Deficit, Says - Emefiele NIGERIAs next governor of the Central Bank, Mr. Godwin Emefiele, yesterday, promised to review the past expenditure profiles of the nations apex bank to find out why it ran a budget deficit of N266 billion in 2013. Emefiele, who was confirmed by the Senate after being screened for about two hours also unfolded his plans on how to grow the economy. He said the CBN under his watch will adopt development banking model. During the confirmation hearing, yesterday, Senate President, David Mark, gave a stern warning to senators who were in the habit of hobnobbing with nominees before screening and confirmation to desist from it to protect the sanctity of the Senate. The Senate had explained that the reason behind the confirmation of the CBN Governor before the expiration of the incumbent governor was to ensure that there was no lacuna.
Posted on: Thu, 27 Mar 2014 10:36:31 +0000

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