x

Currency Printing: Diaspora Forum Commend CBN over Plans to Assist Gambia

Nigerians in Diaspora under the aegis of Diaspora Forum on Small and Medium Enterprises have thrown their weight behind the Central Bank of Nigeria (CBN) over it decision to assist the Gambian Central Bank to print its currency saying such act will boost the image of the country as the giant of Africa.

Comrade Fidelis Semaka, president of the forum stated this in a statement while reacting to reports that Nigeria’s Central Bank Governor, Godwin Emiefele hinted of possibility to assist the Gambian apex bank to print the Gambian currency.

The forum maintained that the plan was commendable as it has the potential of expanding the nation’s minting capacity and positioning the country as the giant of Africa.

“Printing the Gambian currency will expand the printing capacity of the Nigerian security and minting company. It will also bring in foreign exchange for the economy as well as enhance the face of the country as the true economic giant of Africa.

“When the world was struck with global pandemic, the CBN led the fight through multiple Interventions that cushioned the negative effect of the pandemic; this among others revived our confidence in the Nigerian economy as Diasporas who have so much hope in the country”, ”, the group noted.

The group further said with such confidence given to them by the Nigeria’s apex bank, they are justified that Diaspora remittances and other interventions were safe and secured.

“Godwin Emiefele has brought a new face to national banking in Nigeria through sterling reforms, he has institutionalised resilience, dedication to duty and total commitment to fiscal responsibility of the economy and deserves commendation”.

The group said president Buhari administration got the selection of the central bank management right more than any other.

“Emiefeles leadership style has confirmed that indeed what Mr President saw for Nigerians was only a matter time”

The group urged the apex bank to continue to expand its policy framework for the overall benefit of Nigerians.

Hot this week

Oborevwori Seeks Private Sector Partnership as Delta Launches Security Trust Fund

By Anne AzukaGovernor Sheriff Oborevwori on Wednesday officially launched...

You’ll Remain a social media president- Wike taunts Peter Obi

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike...

Southern Ijaw Stakeholders caution Tompolo over Bayelsa visit

By Our CorrespondentA coalition of stakeholders and youth...

CROSSJOF Felicitates Gov. Bassey Otu at 66

By Joyce Remi-BabayejuThe Cross River State...

Kogi State Polytechnic Urges Prosecution of Staff Over Alleged Salary Fraud

By Noah Ocheni, LokojaThe Management of Kogi State Polytechnic,...

North Central Development Commission Condoles with Senator Abba Moro Over Death of Son, Grandson

By Abel Zwanke, LafiaThe Managing Director and Chief Executive...

Outcry as WhatsApp Bans Nigerian Journalist’s MTN Line Without Warning or Clear Reason

By Achadu Gabriel, KadunaThere has been widespread outrage following...

KOSIEC Announces 2026 Local Government Council Elections in Kogi State

By Noah Ocheni, LokojaThe Kogi State Independent Electoral Commission...

KADMAM Advocates Improved Maternal Health, Declares “No Child Should Die at Birth”

By Achadu Gabriel, KadunaThe Co-chairman of the Kaduna Maternal...

Evaluation of Nigeria’s Foreign Policy in the Contemporary Era

By Daudu Agaba Andrew SamuelNigeria’s foreign policy has long...

Related Articles

Popular Categories

spot_imgspot_img