My people, make I yarn you wetin dey happen for our financial waka. Na Mr. Olayemi Cardoso, the big oga for Central Bank of Nigeria (CBN), don show say Nigeria dey gain credibility for financial matter. This one na through better, disciplined reforms wey dem dey implement well well.
For Cairo, wey he go waka talk for Egypt 30by30 Programme, Cardoso talk wetin we need for Africa: stability and sustainability. Na him even talk say if we wan grow as continent, we gatz get credible institutions for ground. This one no be play matter o, na serious gist!
Cardoso dey push make all Central Banks for Africa and financial institutions come together. Him talk say we need model wey go fit help create jobs and lift people from poverty level. Na serious ambition wey fit pave the way to brighter future for Africa.
According to Cardoso, all these reforms wey dem dey carry out for Nigeria dey strong the financial system. E no dey easy, but e go yield better results. E encourage collaboration among African countries as e get plenty opportunities for us to tap from, like renewable energy and youth population.
As he dey talk am, he don see how climate change dey affect our economy. Cardoso talk say climate risk na financial risk. E dey affect everything, from inflation mark to food security. Wetin mean be say, no be only money we go dey find, we gatz balance una financial growth with green development. Na so e go better pass!
For now, Cardoso dey focus on restoring investor confidence and managing inflation wey don dey high for long. E don succeed small, because inflation don reduce from 34.6% wey e reach last year to 15.1% this January wey just pass.
Proudly, CBN don start dey see some good results. Foreign investment don increase sharply, and forex market don begin dey stabilize. As we dey enter this new phase of financial awareness, na so we go fit build better future for Nigeria and Africa as a whole.
For the next level, Cardoso don set clear goals like ensuring strong banking system and improving the payment infrastructure. Dis one go make our financial market dey sophisticated, dey advance well well. E also dey boost digital payment, and the fintech industry don dey grow as eight out of Africa’s nine unicorns dey from Nigeria.
However, we gatz watch our steps as we dey enter the election period. Election spending fit disrupt all these serious gains wey we don make. Na wetin Cardoso don warn we about. E dey remind us say we no fit allow politicians turn our economy upside down with their cash splash.
In summary, Cardoso dey work tirelessly to make sure our financial system dey sound, and we fit move towards sustainable development. Na big waka we dey mirror, but at the end of the day; if we hold on to these principles, our sweet Nigeria go shine!
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