Northern Group Rejects Proposed Amendments to CBN Act, Cites Consequences

Northern Group Rejects Proposed Amendments to CBN Act, Cites Consequences …C0NTINUE READING HERE >>>

The proposed amendments to the CBN Act of 2007 by the National Assembly have stirred a fresh debate in the polityIn a statement on Saturday, the Northern Ethnic Youth Group Assembly (NEYGA) opposed the move by NASS and shared key concernsThe proposed amendments include requiring the CBN to submit its budget for National Assembly approval and establishing a Coordinating Committee for Monetary and Fiscal Policies, which NEYGA believes would undermine the bank’s autonomy

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