Retired Justice and Nigeria’s first female advocate, Folake Solanke San, has called on the federal government to put an end to the ongoing Nara crisis by stabilizing the country’s currency with foreign exchange.
This, she believes, will prevent the country’s currency from sinking into futility, which can be prevented by restoring the value of the currency.
She was speaking at the recent 20th Women in Management, Business and Public Service (WIMBIZ) Conference in Lagos under the theme “Respect Heritage.”
Five decades ago, Niara pointed out that it was as strong as the US dollar and equal to the pound sterling. She said the country’s currency has started to decline due to the intervention of international organizations.
According to her, “Unfortunately, Nara is now around N600. We must not allow Niara to sink into the N1000 per dollar and then it will go down empty. This is a tragedy for the country.
The 89-year-old World Bank cousins and the IMF Strategic Adjustment Program (SAP) emphasized the launch of the Naira, saying, “People are now starving because of the astronomical price of food.”
“WIMBIZ needs to develop a strategic plan to raise public awareness of Nara’s inflation and to renew Nara at a reasonable exchange rate,” she said.
Nairobi has accused WIMBIZ of contacting the Central Bank of Nigeria (CBN) to stop further bloodshed.
At E-Naira, the introduction revealed little knowledge of the infrastructure for this e-banking system and advised CBN and WIMBIZ to participate in corporate programs on the new digital product.
For his part, WTO Director-General Dr. Ngozi Okonjo Ewela urged women to be more adventurous in their chosen field.
“For me, men have to learn to give women space in most of these positions and women have to learn to be humble and easy wherever they find themselves,” she said.
In a welcome address, WIMBIZ Chair Nver Ihimbe-Nwanko acknowledged WIMBIZ’s commitment to women’s empowerment, connection and empowerment and its commitment to promoting gender diversity, sustainability and inclusion. Prosperity.
Reflecting on the history and travel of WIMBIZ, she said there is still a lot of work to be done.
“In politics, the World Economic Forum has ranked Nigeria 139th out of 149 countries with the largest gender gap,” he said. In governance, women represent only 17 percent of board seats, which is 6 percent higher than the global average, but still low compared to the 33 percent average.
“In entrepreneurship, women-owned businesses are more likely to stay small. So, on the one hand, we are celebrating growth, and on the other hand, there is a lot left to do as a group and individually,” he said.
He added, “I aspire to be a woman as a ruler, a woman as a vice president and I dare to speak, even as a vice president. So, when I step down, I know I still have a long way to go. So I promise to continue to call it gender equality or gender agenda.
The annual conference is the main event of WIMBIZ, which is held in November each year to discuss current issues with an average of more than 1,500 delegates in November.