CBN Governor Talk Wetin Dey Happen for Economy Matter

Nigeria don dey feeling better small small as inflation dey drop, thanks to CBN policies wey wey no dey slack.

Olayemi Cardoso, di governor of Central Bank of Nigeria (CBN), don yarn say na sharp monetary tightening wey dem dey follow wey help reduce inflation by plenty points. E talk say research show say dem tight policy don help bring down di headline inflation by 10 percentage points.

As e stand, as of October 2025, di headline inflation don cool down to 16.05 percent from 18.02 percent wey we dey see for September. Na big relief for we, as e mean say food no go dey cost people hand and head to buy anymore.

CBN governor talk say di reduction no be fluke; e reflect wetin dey happen for economy like better exchange rate and food prices wey dey drop. Na wa!

But make we no go carry our mind high like sky, Cardoso don caution us say we still dey face some risks from wahala going on for di world and dem don even mark Nigeria as Country of Particular Concern by di United States. Chai! Dis one fit affect our economy if we no careful.

Dem still dey watch di political matter wey wan happen for 2026, as e fit turn wahala with plenty spending wey people dey face during di election period. E mean say if CBN no shine eye well, inflation fit spike again.

Abeg, make we no forget say CBN don decide to maintain di current Monetary Policy Rate (MPR) at 27 percent. E be so say dem wan see di full effect of wetin dem don do already. Dem no wan rush to ease pressure just because some people dey shout for lower cost to borrow.

Five members of di Monetary Policy Committee even vote for small reduction for di rate, but majority don still hold ground say dem go keep am steady for now. Cardoso don make am clear say tight monetary policy go help to better compound di economy if dem fit keep am like this. E mean say dey won manipulate di money matter to fit raise confidence for di sector.

Di CBN dey keep on di alert for any changes to di liquidity situation to avoid wahala, and dem say we go see next meeting for February where more decisions go fit scatter di ground.

So, my people, as inflation dey drop, make we dey prepare for di future while CBN dey follow di policy like hawk. Make we dey shine our eye for water-water as we dey navigate dis economy beat!