The Nigerian government is eyeing increased oil production to boost forex inflow to stabilise the naira and boost economic growth.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun made this known while speaking during the intergovernmental Group-24 on Tuesday at the ongoing IMF/ World Bank meetings in Washington D.C., USA.
He noted that the recent significant increase in forex inflow has been a key factor in stabilising the naira in the foreign exchange market.