Trading

CBN Governor to meet multinational Coys CEOs

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has revealed plans to meet with the Chief Executives of multinational companies in Nigeria, to discuss ways to revamp Nigerian exports.

Mr. Emefiele disclosed this during the meeting of the Bankers’ Committee, noting that the CBN was ready to encourage Nigeria’s export sector through deliberate policies that would boost investment and job creation.

Emefiele said the CBN, in collaboration with the Federal Ministry of Industry, Trade and Investment, would ensure the facilitation of a reboot of the Nigerian export market.

Refering to President Muhammadu Buhari’s charge for Nigerians to produce what they eat and eat what they produce, the CBN Governor reiterated that the country had no choice but to diversify its economic base away from heavy reliance on crude oil.

The meeting is expected to come up with a roadmap on how best to revitalize the export sector in order to earn foreign exchange for the country, as well as generate jobs for millions of Nigerians.

It would be recalled that the Emefiele had earlier initiated a campaign tagged ‘Produce, Add Value and Export’ (PAVE), especially for the agricultural produce

 

 

Source: Voice of Nigeria