According to him, “this move will attract investments into the states we cover and foster economic growth.”
“I hear things like scarcity of forex. What is scarcity of forex, as if the world owes us any forex? The world does not owe us any forex.”
He added that it would further drive financial inclusion by onboarding beneficiaries into the formal banking system.
The Abuja Chamber of Commerce and Industry has urged the Federal Government to make friendly policies to help businesses operate without hindrances.
This has complicated the business climate and deepened the challenges facing small-scale businesses.
According to the NEPZA boss, Uniabuja could become one of the richest universities in the world.
“Aside from slowing down businesses within formal and informal markets, the new policy also has a tendency to increase the cost of doing business due to sanction on withdrawal exceeding certain
The Chamber said the CBN needed to sustain and aggressively pursue and expand financial inclusiveness to cover unbanked segments of society.
“When energy is affordable, we would have been able to meet some of the Sustainable Development Goals.”
Mr Klevtsov said that the companies were looking at investing in gas and oil, mineral development, security and financing technology.
