Sanusi talk say na Central Bank of Nigeria (CBN) weak Naira.
Former Emir of Kano, Muhammad Sanusi, don talk how Central Bank of Nigeria CBN weaken Naira.
Sanusi talk say CBN lending to federal government during the time wey former President Muhammadu Buhari dey power, through ways and means, cause wahala for Nigeria, wey lead to Naira value drop.
For one event wey happen on Tuesday, Sanusi talk say CBN don use strong measures, like open market operations, Open Buy Back (OBB), and high T-bills rates, do monetary tightening to control inflation and maintain financial system stability.
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“I dey optimistic, especially for the short term. We don get eight years of quick expansion for central bank balance sheet through ways and means.
“And e don cause inflation and e don weak Naira. And that one na fact,” Sanusi talk.
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