The Central Bank of Nigeria (CBN) has rescheduled the Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28.
The committee meeting earlier scheduled for next week Monday and Tuesday.fell on Monday and Tuesday, May 25 and 26, 2020, the federal government declared as Eid-el Fitr holidays.
According to a statement from Isaac Okorafor, CBN Director of Communications, the meeting would now hold on Thursday, May 28th, 2020.
The statement explained:
“This is to inform our stakeholders and the general public that the May 2020 meeting of the MPC of the CBN, earlier scheduled for Monday and Tuesday, May 25 and 26, 2020, respectively, will now hold on Thursday, May 28, 2020. This is as a result of the declaration of Monday and Tuesday, May 25 and 26, 2020, as Eid-el Fitr holidays.
“For the avoidance of doubt, the CBN has put in place all necessary machinery for the meeting to now hold for only one day on account of the on-going COVID-19 national lockdown and to align this meeting with extant rules of the Presidential Task Force (PTF) on COVID-19 and advisories from other relevant agencies. All inconveniences caused by these changes are regretted.”