NECA counsels Nigerian govt on how to reduce forex pressure 

The Nigeria Employers’ Consultative Association {NECA}, on Wednesday, counseled the Federal Government on the need to ramp up crude oil production to the 1.8 million barrel per day OPEC quota for the country.

According to the umbrella body of employers in the country, this is a critical factor to reducing the demand pressure in the forex market and associated economic challenges.

NECA also called on the government to pursue and eliminate crude oil theft and resume domestic refining to save forex for other productive uses.