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    Home»Nigeria»Economy»Gov Eno’s main commandment to CBN: Stem galloping inflation
    Economy

    Gov Eno’s main commandment to CBN: Stem galloping inflation

    straightnewsng.comBy straightnewsng.comAugust 10, 2023 --- 11:31 pmUpdated:August 10, 2023 --- 11:43 pmNo Comments4 Mins Read
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    CBN Director of Branch Operations, Mrs Elizabeth Fasoranti presents a plaque to Akwa Ibom Governor, Pastor Umo Eno - Straightnews
    CBN Director of Branch Operations, Mrs Elizabeth Fasoranti presents a plaque to Akwa Ibom Governor, Pastor Umo Eno
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    Akwa Ibom Governor, Pastor Umo Eno, has charged Central Bank of Nigeria (CBN), to formulate monetary policies to stem galloping inflation to boost the country’s economy.

    Eno made the call Thursday when officials of CBN led by the Director of Branch Operations, Mrs Elizabeth Fasoranti, paid him a courtesy visit at Government House, Uyo.

    The Governor, who identified inflation as the bane of development, explained that the prevailing inflation in the country has affected all aspects of life by stifling government as well as individual endeavours,

    Also read: Governor arrests two, bans illegal sand digging in Akwa Ibom

    He called on the apex bank to look inwards with a view to ameliorating the dwindling economy to improve on the living standard of the people.

    “We appeal to the CBN to support us in terms of monetary policy formulation by doing everything to bring down the cost of inflation in our country,” Eno stated.

    The entrepreneur-turned Governor told the CBN delegation that his government is working assiduously to transform the state to a tourist haven by consolidating on past administration’s strides in infrastructure and tourism and announced government intention to construct the road leading to the Blue River to ease assessment of the tourist site.

    “Actually, we are trying to build on the qualities that have made you to choose Uyo for the conference; to build on our tourism and hospitality potentials. That is why when people stop by to see us and ask for courtesies, we do everything to receive them.

    “It is part of sending the right signal to the world that we treat our people well, we give them respect that will endear them to come again, like you have acknowledged that you were very well received.

    “The Beach in Ibeno and the Green River; the road that leads to the place is a bit bumpy but we are working towards opening it up as part of our strategic plans to boost tourism in our State, so that as people come to work, they can also find leisure, what we have popularly call the “Happy Hour” because all works without play makes jack a dull boy.”

    While commending Mrs Fasoranti for securing a vantage position as manager in the Apex Bank, Governor Eno noted that the days when women were relegated to the background were over, and congratulated her and colleagues for making it to the echelon of their career.

    The Governor applauded the branch comptrollers of CBN for choosing Akwa Ibom for their conference, and assured of continued commitment of his government to sustaining the peaceful ambience that makes the state a destination of choice for individuals and corporate organisations.

    Earlier, Mrs Fasoranti had said that that they were in Uyo for the 43rd Conference of the 37 Branch Comptrollers of CBN and called on the Governor as a mark of courtesy to inform him of their stay in the state.

    She noted the good roads network, peaceful environment, hospitable nature of the people and healthy delicacies as some rare attributes that endear Akwa Ibom to the outside world.

    Mrs Fasoranti acknowledged state government’s collaboration with the CBN branch over the years and pledged their readiness to partner government towards achieving greater success.

    She said already the Uyo branch of the Apex Bank has undertaken renovation of primary school in Nsit Ubium, provision of potable water scheme in Ibesikpo and renovation of Ekemini Abasi Orphanage in Abak as part of its Corporate Social Responsibility in the state.

    The CBN Director thanked the state government for the warm reception, even as he nursed the hope of more fruitful engagements between government and the CBN.

    Akwa Ibom Governor-Pastor Umo Eno Central Bank of Nigeria (CBN) Director of Branch Operations-Mrs Elizabeth Fasoranti
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