November 10, (THEWILL) – Managing Director, CEO of 313 Bureau de Change, Alhaji Murtala Bashir, has called for collective efforts to ensure naira stability at the Forex Market in Nigeria.
Bashir in a statement on Friday in Abuja said, the Federal government and the Central Bank of Nigeria(CBN) should as matter of urgency constitute a strong committee to monitor and ensure the stability of the naira against the dollar at the Forex Market.
He said the committee should include representatives of the Federal government, CBN, Commercial banks Business men, Bureau de change EFCC and security agencies.
According to him, the committee should be saddled with the responsibility of monitoring the FOREX Market and at the same advise the government on any problem observed and come up with a solution to address it.
The Managing Director, however,commended CBN for its efforts toward stabilising the Naira at Forex Market, so far.
He stressed that restoring transparency and engendering investors confidence are the next step if Nigeria must unlock Dollar flows needed to support the Naira.
Abdullahi Yusuf is a seasoned journalist, communicator and was previously the Deputy Editor-In-Chief and Zonal Manager, News Agency of Nigeria, NAN, Jos, where he retired on December 15, 2021
