Announces pact with China to boost investment Edo State Governor, Godwin Obaseki, has described the proposed plan by the Central Bank of Nigeria (CBN) to redesign naira notes as political, noting that the move is a ploy by the All Progressives Congress-led government to sway voters ahead of the 2023 general elections. Obaseki stated this, […]
Announces pact with China to boost investment Edo State Governor, Godwin Obaseki, has described the proposed plan by the Central Bank of Nigeria to redesign naira notes as political, noting that the move is a ploy by the All Progressives Congress-led government to sway voters ahead of the 2023 general elections. Obaseki stated this,…
Lambasting the Federal Government for the move, Obaseki said the redesign of the nation’s currency shouldn’t be a priority as the majority of citizens are suffering from hunger, poverty and economic hardship. “The urgency is on how to get food for our citizens to remove starvation and hunger from the land. The urgency is on how to maintain discipline in our monetary policy so that we can manage our foreign exchange rate because we are import dependent,” the governor added.”
He spoke at a dinner organised for the Chinese Ambassador to Nigeria, Mr. Cui Jian Chun; his wife, Mrs. Liang Huili Chun and other members of his delegation at the Government House, Benin City. Acknowledging contributions of Chinese companies operating in Edo State, Obaseki stated that Chinese companies have invested in a wide range of economic activities in Edo, ranging from steel, ceramics and tiles to doors production.
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