The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee (MPC) meeting, preparatory to their first meeting under the tenure of Mr. Olayemi Cardoso as Governor, scheduled for Monday, February 26 and Tuesday, February 27, 2024.
Confirming this in Abuja on Friday, January19, 2024, the Acting Director, Corporate
Communications Department, Mrs.Hakama Sidi Ali, disclosed that the session aimed to brainstorm and engage in an in-depth discussion about the committee’s
objectives.
She revealed that the criticalfocus areas duringthe retreat included deliberations on
the strategic plan to effect necessary improvements in the monetary policy
transmission mechanism.
According to her, the sessions were facilitated by former MPC members, monetary
policy communication specialists at the IMF,and Directors of Departments critical to
the MPC process.
“Thevaluableinsightsgainedfromthesediscussionswillsignificantlycontribute towards the robustness of the forthcoming MPC meetings,” she noted.
Meanwhile, a calendar of meetings of the Monetary Policy Committee (MPC) for
2024 published on the CBN website indicates that the meetings have been scheduled for February, March, May, July, September and November 2024.
