Tuesday, October 23, 2012

Forex market reform



Wale Ajomale, 10 Ilojo Crescent, Obanikoro, Lagos State. +23480330346: I appreciate Mr. Henry Boyo’s efforts at ensuring the forex market reform in Nigeria. The Central Bank of Nigeria should be a regulator and not allocate to sell the dollar earnings of the tiers of government but keep dollar certificates in trust for their spending or conversion. I suggest that Messrs Boyo and Ojemaikhire should engage beneficiary stakeholders like the Governors’ Forum, Association of Local Governments of Nigeria, Manufacturers, Chambers of Commerce, Industry and Agriculture, Nigerian Economic Society and other Civil Society Organisations. They will pressurise the Federal Government and the CBN to reform the market and deliver us from World Bank/IMF.

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Source : punchng[dot]com

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