Revelation of a network of fake businesses exploiting the forex system is alarming – Governor Yemi

"We are walking the talk" about the Renewed Hope administration's monetary policies"

Revelation of a network of fake businesses exploiting the forex system is alarming - Governor Yemi Revelation of a network of fake businesses exploiting the forex system is alarming - Governor Yemi

his recent appearance on Arise TV, Central Bank Governor Yemi Cardoso claimed, “We are walking the talk” regarding the Renewed Hope administration’s monetary policies.

However, this statement raises concerns about the actual impact of these measures. While Cardoso outlined efforts to curb inflation and address the surge in dollar exchange rates, it remains crucial to scrutinize the effectiveness of these policies in the face of economic challenges.

The revelation of a network of fake businesses exploiting the forex system is alarming, and while Cardoso pledges to tighten regulations, the public awaits concrete actions to ensure financial security.

The credibility of the “walking the talk” assertion hinges on tangible results and transparent strategies, leaving room for skepticism until the outcomes of these initiatives become evident.

Nwokwu Chukwuemeka (Obinwannem News Ebonyi State)

 

Date: Feburary 07, 2024
Published by Ugwu Okechukwu (Obinwannem Ndi Igbo)

leave a reply

WP Radio
WP Radio
OFFLINE LIVE