Finance

Economy: CBN Implementing Policies For Inclusive Growth -Usoro

By Sunday Etuka

The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Ms Emem Usoro, says the apex bank has developed systems, and is currently implementing policies aimed at positioning the economy to serve all segments of the society.

Usoro spoke at the weekend in Ikot Akpadem, Mkpat Enin Local Government Area of Akwa Ibom State, following her conferment with an honorary Doctor of Business Administration (DBA), Honoris Causa, at the combined 9th, 10th, 11th and 12th convocation ceremonies of Akwa Ibom State University.

She explained that key reforms included aligning the nation’s monetary policies with fiscal measures, a move, she said, had contributed to exchange rate and macroeconomic stability, boosted economic growth, and fostered an inclusive economy for sustainable development.

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“At the Central Bank of Nigeria, we are working hard to build a resilient economy that will support your dreams and integrate you into a global economy full of immense opportunities.

“We have developed systems and implemented policies that have pulled the country back from economic challenges and are positioning the economy to better serve all segments of society.

“In strong synergy with the Federal Government, we have aligned our monetary policies with its fiscal reforms. This has already delivered exchange rate and macroeconomic stability, boosted economic growth, and is fostering an inclusive economy for sustainable development,” she said.

The Deputy Governor also announced that the CBN would provide support to the university’s academic and research initiatives.

She urged graduates to remain curious and committed to lifelong learning, encouraging them to ask questions and embrace new knowledge.

Usoro emphasised that excellence is built on preparation, sacrifice and perseverance, and advised female graduates not to be discouraged by societal or cultural barriers in pursuing their ambitions.

“As an institution, we will support the university with a token for its academic and research work to enhance its impact in Nigeria,” she added.

Other recipients of honorary doctorate degrees included the Emir of Kano, Alhaji Aminu Ado Bayero (Doctor of Arts); Mr Uwem Stephen Okoko (Doctor of Engineering); Alhaji Dr Muhammadu Indimi (Doctor of Business Administration); Mrs Mina Tamuno Williams-Agbons (Doctor of Law); Mr Oliver Ebong (Doctor of Engineering); Mr Inyang Udo Tobby (Doctor of Humane Letters); and Mr Elvis Effiong Osung (Doctor of Engineering).

The university said the honours were conferred in recognition of the recipients’ outstanding achievements.

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