It partly read, “Macroeconomic stability has weakened amidst declining oil production, costly fuel subsidies, exchange rate distortions, and monetization of the fiscal deficit.
At the third ‘Race to US$ 200bn In FX Repatriation’ Non-oil export summit of the CBN, the governor, Godwin Emefiele, said exporters of raw and unprocessed items will now enjoy a rebate for every dollar of non-oil export proceeds sold at the I&E window.