AGS NEWS – Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has refuted claims of accountability for the country’s economic struggles.

Speaking at the first Monetary Policy Committee (MPC) meeting during his tenure on Tuesday, February 27, Cardoso emphasized that the CBN is actively taking measures to restore the nation’s fiscal and monetary stability.

Addressing the issue, Cardoso stated, “I laugh at that question but it’s not a laughing matter and I think it is very important for Nigerians to understand that the Central Bank Governor; I and my team, are not responsible for the woes that we have today; we are part of the solution.”

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He continued, “We are determined to ensure that we work hard to get out of the mess that Nigeria is in.

We assumed responsibility in a time of crisis of confidence; there was a crisis of confidence and you may all want to go to bed and wish that crisis of confidence was not there but it was, and we can’t turn back the clock.”