The recent incessant increase comes amid the ongoing crisis in the Middle East, particularly involving the United States, Israel and Iran.
He reiterated the federal government’s commitment to fostering a stable, transparent, and competitive business environment.
The CBN said the recapitalisation programme is “progressing steadily.”
The Federal Government approved a 15 per cent increase in port tariffs in February to improve infrastructure and expand port capacity.
Mr Otti said this on Thursday at the maiden Abia Business Roundtable organised by the State Government in Umuahia.
The Nigerian Navy has pledged full support for the Equipment Leasing Registration Authority in enforcing the Equipment Leasing Act, 2015.
Ms Ibrahima said stronger engagement with businesses would help drive trade, innovation and job creation across the region.
Mr Ibrahim said the delay had caused hardship for its members and their families.
The conflict in the Middle East has led to the shutdown of some refineries and a cut in refinery production across the world.
The University of Uyo Microfinance Bank has unveiled a loan facility, WashLoan, to improve water, sanitation, and hygiene for residents in the university community.
