LCCI Comments on the Outcome of the CBN Monetary Policy Committee Meeting

LCCI Comments on the Outcome of the CBN Monetary Policy Committee Meeting

The Lagos Chamber of Commerce (LCCI) notes the outcome of the Central Bank of Nigeria [CBN] Monetary Policy Committee (MPC) meeting of Friday, January 24, 2020. The Chamber welcomes and aligns itself with the concerns expressed by the MPC on the following: Rising debt profile and the associated sustainability concerns. The use of Debt-to-GDP ratio…