Editors of media organizations in Nigeria, under the canopy of the Nigerian Guild of Editors (NGE) have commended the efforts of the Central Bank of Nigeria (CBN) towards resuscitating the nation’s ailing economy, even as they appealed to Nigerians to support the bank to diversify the economy.
Rising from its 2017 biennial convention in Lagos, attended by over 350 editors of media outlets in the country, the guild said that the efforts of the Federal Government at diversifying the economy should be sustained.
The guild singled out the CBN for special commendation for its intervention in the forex market, which it noted, had not only moderated the exchange rate but also halted the rising inflation in the country.
The editors, in a seven-point communiqué signed by the re-elected President, Funke Egbemode and the Secretary General, Victoria Ibanga, also expressed their support for the CBN’s leading role in advancing the patronage for the Made-in-Nigeria goods; an action they noted, had seen the Federal Government’s economic diversification efforts yielding positive results.
The guild acknowledged that the economic recession had affected all sectors of the economy including the media industry, which is why they asked all Nigerians to rally round the government to find solution to.
The guild advised the media to intensify efforts in promoting government’s policies on economic diversification. [myad]
