“Government Urged to Declare State of Emergency on Export Sector Hardship

“Boost Naira and Address Exchange Rate Crisis: Federal Government Urged to Declare State of Emergency in Nigerian Export Sector”

Amid mounting challenges in Nigeria’s export sector, Mr. Abdullahi Olawale, CEO of Drekz Analytics Limited, called upon the federal government to initiate a state of emergency. This urgent action, he emphasized in his recent remarks in Abuja, would entail the removal of all bottlenecks obstructing the export of goods and services from Nigeria to global markets. According to Olawale, streamlining export processes is crucial for bolstering the nation’s currency and alleviating the prevailing exchange rate crisis. He further stressed the importance of granting exporters greater freedom to conduct business internationally, highlighting the potential benefits for Nigeria’s economic stability and growth.