Accelerate the use of Chinese currency, Representatives urge FG
The Federal Government and the Central Bank of Nigeria have been urged by the House of Representatives to expedite the Chinese Yuan's adoption as a substitute trading currency. This call was part of a resolution that was approved on Wednesday in response to a motion made by Jafaru Leko. Recall that the Federal Government of Nigeria and China established a bilateral currency swap arrangement. This was reported by OHAFIATV News. Amidst the naira's struggle against major Western currencies, Leko encouraged the government to embrace the current in the motion. According to him, the currency need to be included in Nigeria's…
