CBN Governor Meets with President Buhari

Godwin Emefiele, governor of Central Bank of Nigeria (CBN), paid a visit to the presidential villa, Abuja yesterday, 4th of May.
The governor was said to have a meeting with President Muhammadu Buhari.
In his speech, Godwin said, he came to give a routine briefing on the activities of the bank.
Though, the president was supposed to be resting on the orders given by his doctors.

Moreover, after the meeting with the
president, Emefiele declared that: “Basically, as it’s
expected, what we normally do is from time
to time is to brief the President about our
activities, about the Central Bank of Nigeria,
particularly at this time as it relates to the
efforts that the Central Bank is doing to
stabilize the forex market".
He further added that, after he has briefed the president regarding the activities
so far and he was very happy to hear that
the market is stabilising at the level that it
is right now, that is, (the parallel
market which currently stabilizes at between
380 and 385, naira to dollar)
Further talking on the briefing, he said crude oil
production has increased and the price has
reached up to $56 per barrel.

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