ECOWAS Lead Consultant on Private Sector Development and a Member of the Governing Council, Ministry of Finance Inc. (MOFI) Nigeria, Professor Ken Ife, has said that the Federal Government can raise up to $50bn annually through the issuance of diaspora bonds, as the proceeds will be used to meet foreign exchange obligations.
Ife made the suggestion on Wednesday during an interview monitored on Arise TV, adding that the $50bn is enough to help restore the value of the naira.
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