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Nigeria’s House Speaker pledges oversight of naira-for-crude policy to boost currency stability and economic sovereignty.
Speaker of the House of Representatives Abbas Tajudeen has pledged transparency and accountability in implementing Nigeria’s Naira-for-Crude Oil Policy, emphasizing oversight through a newly formed ad hoc committee.
The committee, chaired by Hon.
Boniface Emerengwa, will assess the policy’s impact on foreign exchange stability, revenue, and energy security, while promoting coordination among government agencies, industry, and civil society.
Tajudeen stressed the need for impartial review and stakeholder engagement to ensure the policy strengthens the naira, reduces foreign exchange reliance, and supports national economic sovereignty.
The House reaffirmed its commitment to President Tinubu’s Renewed Hope Agenda through bipartisan efforts and responsible governance.
El presidente de la Cámara de Representantes de Nigeria promete supervisar la política de naira por crudo para impulsar la estabilidad de la moneda y la soberanía económica.