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Tinubu Promises Improved Foreign Exchange Liquidity At NES

October 23, 2023
in Uncategorized
Tinubu Promises Improved Foreign Exchange Liquidity At NES
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President Bola Tinubu has assured the country’s  business community,   that efforts   are underway to improve foreign exchange liquidity.

The President speaking at the 29th Nigerian economic summit said  his administration will honour every legitimate contract with respect to the nation’s foreign exchange obligations.

He also sought that the economic summit comes up recommendations that will help achieve the country’s economic growth objectives.

The 29th Nigerian economic summit,  the president is the special guest of honour here.

He highlights ongoing economic reform efforts adding that challenges occassioned by the removal of fuel subsidy and exchange rate unification are only temporary as efforts are continuous in ensuring they are eased.

The president also adds that his government is committed to giving Nigerians improved livelihoods and a level playing field for all.

He adds that he is confident that by working closely with the private sector, financing the country’s National Infrastructure Stock can be achieved in the shortest possible time.

He also assures of the government’s commitment to meeting its foreign exchange obligations.

The president also made known that  the implementation of the student loan programme which was signed  into law earlier this  year will be begin in January next year.

He sought the private sector’s support in driving economic growth , while also asking that deliberations at the summit bring about recommendations that will help actualize the nation’s economic development objectives.

Talks at the summit are centered around fostering a culture of innovation and creativity,  fiscal and monetary policies as well as strategies for inclusive development amongst others.

The theme for the 29th Nigerian economic summit is pathways to sustainable economic transformation and inclusion.

 

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