Mustapha Akinkunmi
Mustapha Akinkunmi is a seasoned economist and a member of the Central Bank of Nigeria's Monetary Policy Committee. He has been vocal about the challenges Nigeria faces with inflation, currency depreciation, and economic instability, highlighting the need for effective monetary policies. Recently, he discussed the implications of Nigeria's high Monetary Policy Rate, which is among the highest in the world, underscoring the delicate balance between controlling inflation and supporting economic recovery.
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Nigeria:
Mustapha Akinkunmi clarified that landowners and landlords—not tenants—are solely responsible for paying the LUC in the state.
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Nigeria:
Mustapha Akinkunmi disclosed the current Monetary Policy rate of 27.50 per cent charged by the CBN to commercial banks.
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