We strongly believe that the ultimate beneficiaries of this policy shift would be the Nigerian economy - the ordinary men and women who can put their deposits in the banks and have a restful sleep; the entrepreneurial Nigerians who can now have stronger financial system to finance their businesses; and Nigerian economy which will benefit from internationally connected and competitive banks that would also mobilize international capital for Nigerian development.
Jerome H Powell: Brief remarks Brief remarks by Mr Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at the premiere of "Marriner Eccles: Father of the Modern Federal Reserve," Salt Lake City, Utah, 7 October 2019. * * * Thank you, Randy, for the kind introduction.