•Call for single unified market-determined exchange rate
Chuks Okocha in Abuja
Governors of the 36 states of the federation have called on the federal government to allow them to oversee the distribution of palliatives to cushion the effects of COVID-19.
The palliatives being distributed to the vulnerable are currently being handled by the Ministry of Humanitarian Affairs, Disaster Management and Social Development and the Coalition Against COVID-19 (CACOVID) set up by the Central Bank of Nigeria (CBN).
The governors spoke yesterday in Abuja after a meeting with the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha.
They also supported the unification of exchange rates into a single, market-determined window and the use of the market-determined exchange rate to calculate all revenues due to the federation.
The governors outlined their position in a communique signed by the NGF Chairman and Ekiti State Governor, Dr….
Source: Thisday Newspaper
