Nigeria Spends 30% of It's FX on Petrol Imports

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added 3 years ago by admin

137 Views

During a foreign investors’ meeting held in New York this week, Nigeria’s central bank governor Godwin Emefiele spoke to a number of questions raised regarding Nigeria’s FX reserves, exchange rates, balance of payments and the country's increasing foreign debt. He said the country spends almost 30% of it's scarce foreign exchange on petrol imports, petrochemicals and so on. The central bank chief believes with the operation of Dangote refinery the country will be able to save foreign exchange.

#arisexchange #businessnews #boasonomofaye #economy #useconomy #nigerianeconomy #fx #dollar #usfed #bankofengland #england #uk #ukeconomy #buharieconomy #easeofdoingbusiness #buhari #EMEFIELE #cbn

Subscribe to our Channel for high profile interviews. Follow us on Twitter at https://twitter.com/ARISEtv |
and Instagram: https://www.instagram.com/arisenewsofficial |
and Facebook: https://www.facebook.com/AriseTVNews |
Check out our website www.arise.tv

Category: STOCKINGS

Post your comment

Comments

Be the first to comment

Sign in

Create your account

Nigeria Spends 30% of It's FX on Petrol Imports - CBN Chief

Post your comment

Comments

Up Next