Browsing: Ngozi Okonjo-Iweala

We agree with many of the historians that the pursuit of closer foreign economic relations is no longer an option and the important need for an upward trajectory in bilateral relationship, first in our own neighbourhood and then in the world are key. This is what necessitated a whirlwind of visits around the world in the President’s First Term.

The naira has taken a hit in the last three months largely on account of dwindling crude oil revenue, the global CCOVID-19 pandemic and the illicit activities of some Nigerians and their foreign collaborators. These are the people who oil and eulogise the parallel market, making it look attractive even with the booby-trap it presents to the economy.