Daily Trust
Financial experts have urged the Central Bank of Nigeria (CBN) to stabilise the foreign exchange for the productive sector and sustain its interventions to curb inflation.
They said this in an interview with the News Agency of Nigeria (NAN) in Lagos on Saturday.
Sheriffdeen Tella, a Professor of Economics at the Olabisi Onabanjo University Ago-Iwoye, Ogun, said the apex bank must ensure that foreign exchange was available always for domestic producers.
“Making it easily available for businesses locally is crucial because our economy is an import dependent one.
He noted the Federal Government should improve the security situation in many farm settlements in order to boost food output.
“Entrenched peace and security is needed for farmers to cultivate, particularly now that the rains are here.
“Having a good security climate is crucial to achieve a better harvest and the food induced inflation will abate,” he a…
