Tinubu reveals FG’s plans to improve foreign exchange liquidity

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President Bola Ahmed Tinubu on Monday revealed the plans the Federal Government is exploring in its effort to improve foreign exchange liquidity.President Bola Ahmed Tinubu on Monday revealed the plans the Federal Government is exploring in its effort to improve foreign exchange liquidity.

The President’s spokesperson, Ajuri Ngelale, in a statement futher disclosed that Tinubu said the construction of megacities in every geopolitical zone of the size and scale of Lagos must not take six decades. “My government is not blind to the challenges which several of you are facing in the financial markets. I can allay these concerns by revealing that we have a good line of sight into the additional foreign exchange liquidity that is required to restore market confidence,” the President said.

Tinubu stated that he is committed to delivering improved livelihoods and positive economic outcomes which Nigerians can tangibly feel and experience. The President called on the private sector to support his vision for a greater Nigeria, saying: “I would like to charge YOU, the Captains of Industry here present, to commit and redouble your commitment to our vision of a Renewed and more Prosperous Nigeria, a better Nigeria for all. For us to successfully deliver our promise to Nigerians, we recognise that it is imperative that we foster a highly collaborative relationship with the private sector. We must work together.

 

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