NGO urges FG to strengthen naira, crude supply to local refineries

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The Southern Nigeria People’s Mandate (SNPM), an NGO, has called on the Federal Government to strengthen the naira and crude supply to local refineries to ensure steady socioeconomic growth.

The President of SNPM, Chief Augustine Chukwudum, made the appeal on Monday in Enugu while highlighting areas the Federal Government needed to strengthen to ensure continuous socioeconomic growth.


Chukwudum said, “SNPM, hereby makes the following suggestions on the way forward and to bring Nigerians out of the woods.

“The Federal Government should focus on strengthening our local currency, the Naira; this when done will check all forms of inflation both local demand-push and import demand-push inflation.

“SNPM also renew our calls on President Bola Tinubu to ensure 100 per cent crude supply to local petroleum refineries with crude oil needed daily as this will further crash prices.”

The SNPM also appealed to the Federal and state Governments to create an enabling environment for industry and tourism activities to flourish and create jobs for unemployed teeming youths.

“Agriculture remains the only sector that have massive openings and opportunities to employ millions of people directly or indirect. Governments must invest in it and deal decisively with factors disturbing agriculture nationwide,” he said.

Biola Lawal

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