The Central Bank of Nigeria says that non-oil exporters repatriated the sum of $4.99 billion into Nigeria in 2022. The Governor of the CBN, Mr Godwin Emefiele, disclosed this while delivering a keynote address at the second edition of the RT-200 Bi-annual Export Summit on Tuesday in Lagos. The News Agency of Nigeria reports that the theme of the summit is, “RT Non-Oil Export: The Journey So Far.” Emefiele said that the 2022 figure was higher when compared with $3.19 billion repatriated in 2021. “Of this amount, only $1.97 billion qualified for the rebate programme, while only $1.56 billion was sold at the Investors and Exporters (I & E) window or for own use,” he said. Emefiele said that the apex bank paid out about N81 billion in rebates to Nigerian exporters during the period. “This is a testament to the resolve of the CBN to ensure quick acceleration of the export value chain in the country. “I know there have been calls to make all exporters eligible for...
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