Nigeria Must Increase Productivity To Improve Naira Value — Experts

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Nigeria must increase its productivity and change consumption patterns to shore up the value of naira.

The Central Bank of Nigeria, CBN, had made several policy interventions to improve the value of the national currency. Including via the Anchor Borrowers Programme, which to enhance farmers’ access to loans. “This initiative alone has created millions of jobs, taken many youths off the crime path and rescued many local economies.

Brig Usman described as unacceptable, the level of insecurity in the country. He called for more strategic efforts towards the release of citizens held in captivity by terrorists. He also urged the government to prioritise the release of kidnapped victims including the remaining Chibok girls.

Participants in the discussion included members of the social media influencers, youth-based organizations, political activists, and civil society groups. Warned that the country could have a looming crisis if public universities were not opened. It also called for the promotion of vocational skills and innovative entrepreneurship and values reorientation for youths. To create the right mindset that would enable them to function successfully in a 21st century world.

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