Vice President Kashim Shettima has expressed his optimism that the naira will stabilise further in the coming weeks, News About Nigeria reports.
He stated this while speaking at the inauguration of the National Design and Innovation Competition, held at the Presidential Villa, Abuja, on Wednesday.
He noted that the government will continue to implement policies and programmes that will ensure that the naira continues to stabilise.
Recall that in February, the naira exchanged for as much as N1900 to a dollar, but the currency gradually appreciated following some monetary policies taken by the government.
The naira is currently exchanged at N1396 to a dollar in the official market and N1470 in the parallel market.
He further commended the pivotal role of youths in creativity, adding that the government would continue to support their aspirations and reassuring them that President Bola Tinubu’s administration would continue to address issues of food, nutrition, and insecurity.
Shettima also announced plans to include young innovators in the government’s 617.7 million-dollar Investment in Digital and Creative Enterprises (i-DICE) programme.
Speaking at the event, the leader of the delegation and founder of IDAN, Titi Ogufere, revealed plans 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 stated.
