Wednesday, 23 March 2016

Adeboye

CSOs Support CBN Gov On FOREX Policy


The Coalition of Civil Society Groups (CCSG) has called on Nigerians to support the current monetary policy of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, saying that Nigerians voted for change and not magic.
According to the group, a change that will usher in an everlasting period of prosperity must be gradual and not spontaneous with the capacity to repair the faulty foundation and maladministration by past
administrations.
At a press conference in Abuja the president of the group, Mr. Etuk Bassey Williams admitted that Nigeria is presently going through one of the most difficult periods in her national life, owing to several events such as global oil glut that have characterized the socio-economic and political landscape of the nation in the past one year.
He said: “Just as it is on record that no government preceding President Buhari has dared to probe security vote or fight corruption with the intense ruthlessness as we are presently witnessing so also is his will power to ruthlessly tackle the various clogs in the wheel of our economic progress as this is evident in his bold approach of supporting the CBN Governor, Mr. Godwin Emefiele-led foreign exchange (FOREX) policy in stopping the sale of foreign exchange to Bureau de Change (BDC), a policy which has helped in no small measure to checkmate round tripping.’’

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I am a trained journalist, reporter, social media expert, and blogger in Nigeria

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