The Minister of Finance, Dr Ngozi Okonjo-Iweala today assured Nigerians of stability in the macro-economic framework of the country.
The minister, who spoke to journalists following the suspension of the Central Bank governor, also announced plans to tighten Nigeria’s monetary policy.
This, according to her, will guarantee a robust economy.
She insisted that “our objective remains to maintain macro-economic stability” adding that it “has been the hallmark of this government and administration”.
She further adds that “it is the macro-economic stability that we have maintained that will enable us to continue to transform the different sectors of the economy” insisting that it “will not change”.
“We will maintain tight fiscal policies; we expect the tight continuation of the monetary policies that has been on in the Central Bank” she said.
She expressed optimism that “with continued tightness in our fiscal and monetary policies, the stability that has been the bedrock of the economy will be maintained” hoping that “market participants will get back to business as usual”.
She further hoped that the stability of the naira will be retained maintaining that she wanted to assure Nigerians that there will be no change in the fiscal policy of the government.