Federal finance and statistics / Central Bank of Nigeria

Monetary Policy Committee Communique No. 90, July 22-23, 2013

The Monetary Policy Committee met on July 22 and 23, 2013 with 10 out of the 12 members in attendance. A new member, Mr. Stephen O. Oronsaye, who is a Board member, replaced Professor Sam Olofin whose tenure as a Board member had expired. The Committee reviewed the economic conditions and challenges that confronted the domestic economy in the first half of the year, particularly since the last MPC meeting in May 2013. It also re-evaluated the short-to-medium term risks to inflation, domestic out | Keywords: MPC, Monetary Policy Communique