Shettima: CBN, NSA interventions in FX market have yielded desired results

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Vice-President Kashim Shettima says the interventions of the Central Bank of Nigeria (CBN) and the National Security Adviser (NSA) in the foreign exchange (FX) market have 'translated into desired results'.

Vice-President Kashim Shettima says the interventions of the Central Bank of Nigeria and the National Security Adviser in the foreign exchange market have “translated into desired results”.The event was organised by 21st Century Media Services, publishers of the 21st Century Chronicles, as part of its public service enlightenment series.

Speaking at the event, the vice-president said Nigeria has been facing economic sabotage for long, prompting Yemi Cardoso, CBN’s governor, and Nuhu Ribadu, the national security adviser, to take action against those plotting to frustrate the country’s reforms.“For long, Nigeria had endured economic sabotage, leading to the resolve by Governor of the central bank, Mr.

“Positive changes will soon be evident across all economic indicators – inflation, per capita income, GDP numbers, poverty reduction, food security, and all aspects close to the hearts of our people.” He noted that policy consistency, with a long-term vision to transform critical sectors of the economy, is the way to go.Usman also commended the administration’s establishment of a central coordination delivery unit to track the performance of programmes, policies and key interventions of the government.

 

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