CBN: More Commodities Now Being Captured to Earn $200bn Forex from Non-oil Exports 200 exporters accounted for over 95% of $4.2bn earned in 2021, says UBA
Nume Ekeghe, Dike Onwuamaeze and Kayode Tokede The Central Bank of Nigeria (CBN) has declared that its RT200
policy has begun to attract more commodities into the Nigerian export ledger just as the United Bank for Africa (UBA) has revealed that 200 exporters accounted for 95
per cent of the $4.2 billion Nigeria earned from non-oil export in 2021. The RT200 FX programme is an initiative of the CBN that aims to raise $200 billion in forex
earnings from non-oil proceeds over the next three to five years. A major anchor of the programme is the Non-Oil Export Proceeds Repatriation Rebate Scheme.
The apex bank noted that the scheme which incentivises export earnings has seen a record entry of players in the solid mineral space. The Principal Manager, Trade
and Exchange Department, CBN, Mrs. Anne Nnenna Ezekannagha, made the declaration yesterday in Continued on page 6
ADC Crisis Deepens as Ousted Nwosu Expels Kachikwu, Seven State Chairmen… Page 12 Sunday 18 September, 2022 Vol 27. No 10022
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NANS Vows to Ground Airports over ASUU Strike Fidelis David in Akure The National Association of Nigerian Students (NANS) has said it will ground activities at the local and international airports across the country beginning
from Monday, September 18 over the lingering strike action by the Academic Staff Union of Universities (ASUU). It said its decision to ground airports activities was due to the successes recorded in its road
protest during which several highways were blocked. The leadership of NANS, which spoke in Akure, the Ondo State capital, said the grounding of airports was to make the rich share in the pains of the students
occassioned by the prolonged strike action. Chairman, NANS National Task Force on ‘End ASUU Strike Now,’ Ojo Raymond Olumide, said students were tired of pleading with both parties to
end the strike. Olumide cautioned ASUU not to call off the strike after any increment in their salary but to insist on other demands that led to the strike action. According to him, “We shall
begin another round of protest next week by storming the airspaces on Monday, 19th September 2022 to #OccupyTheAirports. We want to let the world know about the Continued on page 12
Udom Emmanuel, Tambuwal Move to Resolve PDP Crisis NWC begins reconciliatory talks, meets Ikpeazu, Makinde, Ugwuanyi Bode George denies ambition to succeed Ayu
Gboyega Akinsanmi in Lagos, Chuks Okocha in Abuja and Okon Bassey in Uyo As part of the renewed efforts to ensure a united party ahead of the September 28, 2022 date for the commencement of campaigns, the Chairman of the Presidential Campaign Organisation of the Peoples Democratic Party (PDP) and Akwa Ibom State governor, Mr. Udom Emmanuel, as well as the Director General of the organisation and Governor of Sokoto State, Mr. Aminu Tambuwal, have moved to resolve the crisis in the party, THISDAY has learnt. Emmanuel and Tambuwal were on Thursday unveiled as the chairman and director general of the campaign organisation, respectively. THISDAY gathered that Emmanuel yesterday commenced reconciliatory talks with a Continued on page 5
SEEKING FDI FOR KANO… L-R: Emir of Bichi, Alhaji Nasir Ado Bayero; Deputy Minister of Agriculture, Republic of Bulgaria, Mr. Georgi Sabev; and the Minister of Agriculture, Mr. Nikola Stojanov, during the Emir’s visit to Bulgaria…recently
Labour Party Cries Out as Police Teargas Supporters in Ebonyi… Page 6