Categories: NEWS

Naira Will Continue To Stabilize –Shettima

Vice President Kashim Shettima says Naira will continue to stabilize in the coming weeks and months.

Shettima gave the assurance at the inauguration of the National Design and Innovation Competition, held at the Presidential Villa, Abuja, on Wednesday.

DAILY POST reports the event was organized by the Interior Designers Association of Nigeria, IDAN, to spur entrepreneurship and creative ventures among youth.

READ ALSO: Benue State University Teaching Hospital Buries 74 Unclaimed Corpses

In February the Naira exchanged for as high as N1,900 to a dollar but the currency had gradually appreciated following some monetary policies taken by the government.

The Naira is currently exchanged at N1,396 to a dollar in the official market and N1,470 in the parallel market.

Sponsored

The Vice President assured that the government will continue to implement policies and programmes to stabilize the Naira.

Shettima also assured that President Bola Tinubu’s administration would continue to address issues of food, nutrition and insecurity

He commended the pivotal role of youths in creativity adding that the government would continue to support their aspirations.

SPONSORED
Nobert Okechukwu

Recent Posts

Nigeria’s Chief Of Defence Staff Hails Simon Ekpa’s Arrest, Awaits Extradition

The Chief of Defence Staff, General Christopher Musa, said he hoped that with the arrest…

12 hours ago

Gov. Sanwo-Olu Presents ₦3trn 2025 Budget To Lagos Assembly

Governor Babajide Sanwo-Olu of Lagos has presented the sum of ₦3.005 trillion before the state…

14 hours ago

Abia CP Storms Ohafia, Vows To Smoke Out Gunmen Who Attacked Police Officers

Abia State Commissioner of Police, CP Danladi Isa on Wednesday led an operation along Asaga…

15 hours ago

Abia Man Urges Gov. Otti To Borrow Former Governors’ Models To Tackle Insecurity

Popular Abia-born journalist and online publisher Ifeanyi Okali has called on the state governor, Dr.…

17 hours ago

Akpabio-led Senate Approves Tinubu’s Fresh $2.2bn Loan Request

The Senate, on Thursday, approved the $2.2 billion fresh loan request by President Bola Ahmed…

17 hours ago

Popular Attorney And Activist Shot Dead In Benue

Mike Ofikwu, an activist and lawyer from Otukpo, was brutally killed by unidentified armed men…

19 hours ago