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CBN Governor, Cardoso, says I’m not responsible for Nigeria’s economic crisis

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the country.

This was made known by Cardoso while answering questions from journalists at the Monetary Policy Committee (MPC) meeting of the apex bank, on Tuesday, February 27, 2024, in Abuja, the first since he assumed office in September 2023.

Cardoso, however, said the CBN is taking the necessary steps to get the country’s fiscal and monetary health back to normal.

He said the current management of the CBN assumed responsibility at a time of crisis of confidence, adding that efforts being made to redress this are beginning to yield results.

While responding to a question that the CBN was responsible for the current economic challenges faced by Nigerians, Cardoso said,

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