Dr. Olayemi Cardoso engaged in a revealing discussion with IMF’s Sellasie, clarifying the monetary strategies shaping Nigeria’s future.
In this critical session, Dr Cardoso emphasised that Nigeria is not defending the naira but aligning with a commitment to maintain a free forex market and advance monetary reforms. He also addressed misconceptions about Nigeria’s foreign reserves, explaining that fluctuations are due to debt payments and not currency defence, with expectations of increasing revenues.
BREAKING.
— APC United Kingdom (@APCUKingdom) April 17, 2024
🌍 Live from Washington DC: Dr. Olayemi Cardoso's Insightful Fireside Chat at the World Bank/IMF Session.
Dr. Olayemi Cardoso engaged in a revealing discussion with IMF's Sellasie, clarifying the monetary strategies shaping Nigeria's future.
In this critical session,… pic.twitter.com/jUd7k4eCHs
