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…