How Elevated Exports Will Strengthen Naira – NEPC Boss
The Govt Director of the Nigerian Export Promotion Council (NEPC) Dr Ezra Yakusak, mentioned elevated exports would cease the free fall of the naira towards the greenback and likewise enhance the nation’s economic system.
Dr Yakusak said this not too long ago in Abuja at a press convention forward of the second non-oil export summit in Abuja.
He mentioned, “When you have a look at what is going on, the naira is a couple of thousand to a greenback and the one option to cease the problem is thru export.
“The one option to halt the depreciation of the naira is thru increasing exports. Whenever you export, you add worth, and your foreign money good points energy.”
Talking additional, Yakusak introduced the second Nationwide Convention on Non-Oil Exports themed “Constructing a Sustainable Nationwide Economic system by Non-Oil Export.”
The NEPC boss emphasised that the occasion scheduled to happen from October 4 to five, 2023, in Abuja, goals to convene stakeholders from each the private and non-private sectors to deliberate on methods to boost the nation’s export capability to additional bolster the worth of the Nigerian foreign money.
He added that the Vice President Kashim Shettima, amongst different prime dignitaries, will grace the event.
