CBN Governor reacts to currency printing, says Nigeria in unfortunate situation under Buhari
CBN Governor reacts to currency printing, says Nigeria in unfortunate situation under Buhari Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has admitted that the country’s economy is in bad shape under President Muhammadu Buhari’s regime. Against the backdrop of the worsening unemployment, inflation rate and rising debt profile, Mr Emefiele acknowledged that Mr Buhari had a precarious situation on his hand. “Nigeria is unfortunately in a bad situation in the sense that we are facing a problem about productivity output which is GDP. We are also confronted with the problem of inflation,” said Mr Emefiele. On…