Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi today
in London won the 2013 Central Bank Governor of the Year Award for
Sub-Saharan Africa.
“The award recognizes Governor Sanusi’s ability to bring down
inflation to single digits this year” said Antonia Oprita, managing
editor of Emerging Markets, organisers of the award.
A statement by the organisers a copy of which is in the possession of
News Express said that the CBN under Governor Sanusi’s stewardship has
brought inflation below 10% despite the fact that food, a category where
the bank cannot influence prices, makes up around half of consumer
spending in Nigeria.
It quoted Governor Sanusi as saying: “Our consistently tight monetary
policy stance going back to 2010 should keep inflation within the
single-digit target.”
The annual Emerging Markets Central Bank Governor and Finance
Minister of the Year Awards recognise the leading policymakers in each
region. The awards are chosen by Emerging Markets’ editorial team,
taking into account the views of leading regional experts. The winners
are announced in our daily newspapers published at the IMF and World
Bank annual meetings each year, with the award winning policymakers
honoured at an annual awards ceremony during the IMF and World Bank
annual meetings.
NEWS EXPRESS
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