Why naira is weak – ex-finance minister Aganga

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 75%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

A former Minister of Finance, Olusegun Aganga, has explained that the naira would continue to experience a free fall if Nigeria remains an import-dependent country.

He said it was not a wise decision to defend the naira with billions without appropriate investments in the manufacturing sector to drive the country’s exports.

He added that Nigeria must produce for local consumption and more importantly for export, for the naira to be strong.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nigeria must boost non-oil export earnings to saveNaira, says AgangaA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Herkunft: vanguardngrnews - 🏆 5. / 75 Weiterlesen »

China commits 85 per cent finance for Abuja-Kano, Port-Harcourt- Maiduguri railway projectsThe People's Republic of China has committed 85 per cent of funds to refinance the completion of the Abuja-Kano and Port-Harcourt-Maiduguri railway projects.
Herkunft: DailyPostNGR - 🏆 11. / 59 Weiterlesen »

Nigeria, EU sign over €900m finance agreements for developmental projectsThe Nation Newspaper Nigeria, EU sign over €900m finance agreements for developmental projects
Herkunft: TheNationNews - 🏆 6. / 69 Weiterlesen »

AFEX To Unlock Finance For $1trn Commodity MarketAfrica’s commodities player, AFEX has unveiled its updated pricing methodology for its business unit to unlock finance for the $1 trillion Commodity Market.
Herkunft: LeadershipNGA - 🏆 4. / 77 Weiterlesen »

AfDB, AGF kick-off finance series for women entrepreneurs in NigeriaA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Herkunft: vanguardngrnews - 🏆 5. / 75 Weiterlesen »