Soludo reiterates need to expedite action on monetary fiscal policies #

It seems like you're referring to a news article or statement made by Soludo, likely Chukwuma Soludo, the Governor of the Central Bank of Nigeria (CBN). Here's a possible summary:

Governor Soludo has reiterated the need for swift action on monetary and fiscal policies to address the current economic challenges in Nigeria. He emphasized the importance of coordinated efforts between the monetary and fiscal authorities to stabilize the economy and promote sustainable growth.

Monetary policies, which are set by the CBN, aim to control inflation, maintain financial stability, and regulate the money supply. Fiscal policies, on the other hand, are set by the government and focus on managing public finances, taxation, and government spending.

Soludo's call for expedited action likely refers to the need for the government and the CBN to work together to implement policies that address the current economic challenges, such as high inflation, unemployment, and a widening trade deficit. This could include measures such as adjusting interest rates, implementing fiscal stimulus packages, and implementing structural reforms to boost economic growth and competitiveness.

It's essential for the government and the CBN to work together to develop and implement effective policies that address the current economic challenges and promote sustainable growth and development in Nigeria.