Oshiomhole Commends CBN Reforms Under Cardoso

AI Summary

Senator Adams Oshiomhole praised CBN reforms presented by Deputy Governor Dr. Muhammad Sani Abdullahi on behalf of Governor Olayemi Cardoso during an interactive session with the President’s economic team in Abuja. Oshiomhole said he had previously been critical of the CBN’s management but now supports the reforms and urged the bank to remain insulated from political influence. The CBN officials highlighted that the reforms have helped moderate food and headline inflation and maintain exchange‑rate stability. While the comments do not involve a specific electoral contest, they may influence public perception of the incumbent administration’s economic agenda ahead of the 2027 elections. The bank indicated it will continue pursuing its policy framework to achieve single‑digit inflation.

Reliability

Reported by 2 sources: Arise News, This Day.