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Nigeria to buoy investor confidence amid slumping oil revenues

Nigeria's Central Bank Governor, Godwin Emefiele

Nigeria’s Central Bank Governor, Godwin Emefiele has assured investors of the safety of their investments in the country in spite of dwindling revenues from the sale of crude oil globally.

Emefiele says the bank has also put in place, policies to ensure an orderly exit for those that might be interested in doing so.

Investors who are interested in repatriating their funds from the country are guaranteed to get their money, in spite of the revenue drop in crude oil sales and have been advised by the apex bank’s Governor to be patient as such repatriations are being processed, owing to the bank’s policy of orderly exit of investments.

Recalling a similar situation back in 2015 over declining revenue, the governor says the central bank is able to settle all commitments in an orderly manner.

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