CBN Organises Fair For Business Operators, Banks, Others In Rivers

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The Central Bank of Nigeria (CBN), on Friday, organised an enlightenment fair for business operators, commercial banks and other groups in Rivers State.

Okagbue further said the enlightenment fair was to educate the participants on their various business activities that affect the economy.He said that in the past 15 years, Nigeria has survived several challenges such as the economic recession, COVID-19 pandemic, oil theft, insecurity and Nigerians’ attitude towards foreign goods, saying that the challenges have negative impact on the nation’s gross domestic product .

“In the last 15 years we have passed through many problems such as economic recession, COVID-19 which have impacted on the economy.“We are battling with insecurity, oil theft and the urge for foreign goods which affects the nation’s Gross Domestic Product, GDP. We consumed foreign goods and everything we consume are foreign base and all this affects the foreign exchange rates.“Our attitude to foreign goods is affecting our economy.

 

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