The Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed, has said the federal government would provide the necessary support to NEXIM Bank to help improve non-oil export revenues to at least 30 per cent in five years.
She said, “This, I believe, is possible and the government will be willing and ready to give you the desired support to achieve this target. The threat of a mono-product economy is real, and the recent episode of the COVID-19 pandemic has further underscored the need for Nigeria to widen its export basket and deepen its export market.
“The minister congratulated the entire board, management, and staff of NEXIM for the re-appointment of the Managing Director/Chief Executive, Mr. Abba Bello, the Executive Director, Corporate Services, Dr. Bala Bello and the Executive Director, Business Development, Hon. Stella Okotete, by President Muhammadu for their second and final term of five years which commenced on April 21, 2022.
She pointed out that their reappointment, no doubt was a testimony to the high level of professionalism and commitment with which you managed the affairs of the bank in the last five years.
