Nigeria: MPC Warns Pre-2027 Election Spending Could Reverse Nigeria's Inflation Gains

[This Day] Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), have warned that election-related fiscal spending ahead of the 2027 general elections poses one of the biggest threats to recent progress in taming inflation, cautioning that excess liquidity from political spending could undermine the effectiveness of monetary policy. ...