Cut interest rates to boost economy - Tinubu

Tinubu also urged the Federal Government to demand a renegotiation of existing loans or debt relief from the World Bank and other development finance institutions.

May 04, 2020

The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has said the Central Bank of Nigeria should seize the opportunity of the coronavirus crisis to lower interest rates in a bid to boost the nation’s economy.

Tinubu said the country must retreat from high interest rates “if we want investment borrowing to attain levels that actually increase private-sector growth and job creat..>

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