He tasked leaders of the Nigerian banking sector to brainstorm expansively on ways to resolve the shortage of foreign exchange in the country.

specific implementable actions by the financial system to enhance foreign exchange revenues

“We can no longer delay in resolving the structural issues inhibiting non-oil export receipts. We must strengthen the immunity and engender the resilience of our economy against exogenous shocks,” he charged.

On his part, Lagos State Governor Babajide Sanwo-Olu, said the recent global issues such as COVID-19 pandemic and the Russia-Ukraine war had led to energy crisis, food insecurity and others in many nations including Nigeria.

He, however, charged participants at the retreat to reflect on how Nigeria can tackle her local issue with a global view, stressing that it is important to come up with policies that will affect the common man on the street.

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