Wale Adegbite, a former Chairman, Manufacturers Association of Nigeria, Ogun Chapter, has urged the CBN to also reduce the Cash Reserve Ratio to make the reduction of the Monetary Policy Rate meaningful.
Browsing: Wale Adegbite
The Manufacturers Association of Nigeria, Ogun State Chapter has called for urgent intervention in resolving the disputes that led to the ongoing strike by the Academic Staff Union of Universities.
Adegbite gave the advice in an interview with the News Agency of Nigeria in Ota, Ogun on Wednesday.
Speaking at 10th Business Luncheon of the association in Ota, Ogun State, Adegbite said by providing long-term loans, the banks would have contributed their quota to Nigeria’s GDP.
The MAN Chairman, Wale Adegbite, told the News Agency of Nigeria, on Wednesday in Ota, Ogun State that the availability of foreign exchange would boost the productivity and enhance the economy