Post by Proshare (@Proshare)
In this follow-up to his earlier commentary on Nigeria's off-budget spending, Tosin Adeoti examines another dimension of the IMF's recent revelation. He argues that while the Central Bank is pursuing disciplined, orthodox monetary policies to stabilise the naira and tame inflation, the executive's reported multi-trillion-naira off-budget spending risks injecting liquidity into the economy outside the official fiscal framework.
https://proshare.co/articles/how-the-executives-shadow-trillions-are-sabotaging-the-cbn-oped?menu=Economy&classification=Read&category=Nigeria
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