The Governor, Central Bank of Nigeria, GODWIN EMEFIELE, has said that the infrastructural deficits and emerging pressures from the foreign exchange market may aggravate inflation.

He says with the decline in crude oil receipts as well as the dwindling capital outflows, there was likelihood that inflationary pressures would continue.

The Federal Government has revised downward its revenue projection for the year by 3.3 trillion naira from the initial approved amount of 8.41 trillion naira to 5.08 trillion naira.

In his personal statement made at the Monetary Policy Committee meeting, EMEFIELE said the rise in inflation in the last six months was due to structural factors.