President of Association of Bureaux De Change Operators of Nigeria (ABCON), Mr Aminu Gwadabe, has said outlook of the nation’s currency remains bright as the country continues to enjoy recognition from the international community and developmental partners.
According to him, the post-recession economy witnessed tremendous growth in Foreign Direct Inflows (FDIs), renewed investor’s confidence and reduction in the nation’s imports.
He commended the Federal Government on its effort to stabilise the Naira and restore sanity to the foreign exchange market.
Mr Gwadabe said that the three years of the present administration, though challenging, saw frantic efforts at rescuing the naira from speculators.
However, he advised government to “consolidate on its diversification agenda to move the economy over dependence on oil.”
According to him, “The growth and development of the solid mineral’s sector would bring value to Nigerian professionals.”
