Prof. Park Idisi of the Department of
Agriculture, University of Abuja, on Saturday
said the 2016 budget would increase exports
that would strengthen the country’s currency. Idisi told the News Agency of Nigeria (NAN)
in Abuja that although the naira had lost its
value against the Euro and other foreign
currencies, it would soon gain its strength
through exports. He said that the 2016 budget signed by
President Muhammadu Buhari would
alleviate hardship as there would be cash
flow in the economy and businesses would
start booming.
He recalled that the president had said that
Nigeria would no longer borrow part of the
money needed for the budget as he was able
to raise funds from other sources.