Vice President Kashim Shettima has assured that the Naira will continue to stabilise in the coming weeks and months.
He said that the government will continue to implement policies and programmes to stabilise the Naira.
Shettima gave this assurance at the inauguration of the National Design and Innovation Competition, held at the Presidential Villa, Abuja, on Wednesday.
According to News Agency of Nigeria, it was reported that the event was organised by the Interior Designers Association of Nigeria to spur entrepreneurship and creative ventures among youth.
Earlier in February the Naira exchanged for as high as ₦1900 to a dollar, but the currency gradually appreciated following some monetary policies taken by the government.
The Naira is currently exchanged at ₦1396 to a dollar in the official market and ₦1390 in the parallel market.
Shettima also assured that President Bola Tinubu’s administration would continue to address issues of food, nutrition and insecurity. He commended the pivotal role of youths in creativity adding that the government would continue to support their aspirations.
The Vice President also announced plans to include young innovators in the government’s 617.7 million dollars Investment in Digital and Creative Enterprises (i-DICE) programme.
Earlier, the leader of the delegation and founder of IDAN, Titi Ogufere, revealed a plan to train one million youths in furniture production and industrial design.
According to him, the training will be conducted by IDAN in collaboration with the Federal Ministry of Arts, Culture, and Creative Economy.
“The initiative will feature design competitions and workshops where participants can showcase their prototypes.
They will work with top Nigerian manufacturers like AFP by Julius Berger, TRT Aredo, Wood Styles, IO Furniture, and Nettetal,’’ he said.
