(http://fmi.gov.ng/wp-content/uploads/2013/06/Iweala-300x224.jpg) The naira has continued to stabilize at one hundred and fifty five naira exchange to the dollar in the last two years,the Minister of Finance, Dr. Ngozi Okojo Iwealah has said.
According to Dr. Iweala, the stability of the naira is healthy for the nation's economy especially for international trade and other transactions.
While taking her turn at the mid-term press briefing of the Federal Government 's two years in office, the Minister said, inflation has fallen by 9.1% during the period under review.
Dr. Iweala said that the sovereign wealth fund is aimed at making the nation self reliant as it would help the economy to grow and stop external borrowing.
The Minister noted with satisfaction that the Nigerian economy at the movement supports job creation in order to reduce the unemployment level among the youths in the country.
The Minister of Information, Mr Labaran Maku has describe the Nigerian economy as fast growing and the second largest in Africa.
Via: Federal Ministry of Information (FMI) Nigeria