The governor of the Central Bank of Nigeria, Godwin
Emefiele, on Thursday said he met with and briefed President Muhammadu Buhari
on activities of the CBN.
This is Emefiele's first time of addressing State House
reporters since he became CBN governor in February, 2014, our State House
correspondent reports.
The CBN governor was brought to the State House Press
Gallery by President Buhari's private liaison officer (PLO), Shehu Usman Bello,
for the interview.
This is happening amidst growing concerns in various
quarters that President Buhari has not been seen in public in recent times.
It would be recalled that within the last one month, the
president failed to attend three Federal Executive Council meetings.
But the CBN governor told journalists that he briefed Buhari
today and that the president expressed delight over the stability of the
foreign exchange market.
Emefiele said: "Basically, as it is expected, what we
normally do is from time to time to brief the President about activities about
the Central Bank of Nigeria, particularly at this time as it relates to the
efforts that the central bank is doing to stabilise the forex market.
"And we briefed him regarding the activities so far and
he was very delighted to hear that the market is stabilising at the level that
it is right now, and I am saying the parallel market which currently stabilises
at between 380 and 385.”
By Isiaka Wakili
