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CBN assures investors of orderly exit of investments in Nigeria

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Governor of the Central Bank of Nigeria, Mr, Godwin Emefiele, has assured investors of the security of their investments notwithstanding dwindling revenue from the sale of crude.

Mr Emefiele, however says investors interested in repatriating their funds from the country are guaranteed their monies.

He said, “Foreign Exchange available would be devoted to strategic importation or service obligations that are priority”.

He also adds that the Apex bank has put in place policies to ensure an orderly exit for those interested in doing so.

The CBN Governor urged investors to be patient, while such repatriations are processed owing to the bank’s policy of orderly exit of investments.

“Investors interested in repatriating their funds from the country are guaranteed to get their money, notwithstanding the drop in the revenue from crude oil”.

Emefiele added that foreign exchange available would be devoted to strategic importion or priority service obligations as the bank collaborates with the trade authourities to boost manufacturing for economic revival.

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