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The economy and other matters arising

Published by Guardian on Mon, 08 Jul 2024


Chairman and President of the Dangote Group, Aliko Dangote, has of late been consistent in his lamentations on the state of the economy. The latest being his observation that the close to 30 per cent (26.25) Monetary Policy Rate fixed by the Central Bank of Nigeria (CBN), at its last Monetary Policy Committee meeting, is too high for local businesses to prosper. At a three-day policy summit on manufacturing organised by Manufacturers Association of Nigeria (MAN), last week, Dangote decried the economic policies and unfriendly environment under which manufacturers operate, not just in Nigeria, but across underdeveloped economies where governmentsThe post The economy and other matters arising appeared first on Guardian Nigeria News.
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