The Governor of the Central Financial institution of Nigeria, Olayemi Cardoso, says it has cleared all overseas alternate backlogs apart from 5 business banks.
Cardoso disclosed this throughout an investor name facilitated by the Nigerian Trade Group on Thursday.
He famous that the pending foreign exchange backlog can be sorted within the subsequent few days.
“Mainly, what we now have accomplished with these is that we now have paid as a lot as we are able to to the purpose the place we now have cleared the backlog of all of the banks save 5. All of the banks’ real and verifiable backlogs have been cleared, save 5.
“We’re assured that we’ll shortly be ready the place the entire situation of forwards can be behind us. Within the subsequent few days, we needs to be ready the place the steadiness of the 5 could have been put behind us,” he mentioned.
reporter recollects that in an interview with Come up Tv final month, the apex financial institution governor mentioned Nigeria’s excellent overseas alternate backlog owed throughout financial sectors has dropped to $2.2 billion.
He added that $2.4 billion of the $7 billion overseas alternate backlog owed to banks, aviation and different entities is invalid.
