Emefiele: RT200 Initiative Boosted Non-oil Exports By 40% in 2022, $1.7bn Inflow Recorded in Q1, 2023 Threatens to sanction shipping companies engaging in smuggling Apex bank to begin publishing names of beneficiaries of RT200 rebate Nume Ekeghe The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele,
yesterday disclosed that the Race to $200 billion in foreign exchange (FX) repatriation programme (RT200) of the bank has boosted repatriation
of funds into the country by 40 per cent in 2022. Also, Emefiele disclosed that in the first quarter of 2023, the country
recorded $1.7 billion inflows due to the non-oil export initiative. The CBN governor said this during the third edition of the biannual
RT200 non-oil export summit held in Lagos, where stakeholders converged to discuss, “RT200: Challenges and Prospects to Success.”
Emefiele also said the apex bank was monitoring some shipping Continued on page 40
Banks Demand Tax Clearance Certificate on FX Transactions... Page 10 Wednesday 10 May, 2023 Vol 28. No 10255. Price: N250
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INEC, APC,Tinubu May Oppose Live Broadcast of Proceedings Alex Enumah in Abuja
L-R: Vice President, Yemi Osinbajo; Group Chairman, Transcorp Plc, Mr. Tony Elumelu; President/GCEO, Transnational Corporation Plc, Dr(Mrs) Owen Omogiafo; and, Director General, Bureau of Public Enterprises(BPE), Alexander Okoh, during the commissioning of Transcorp Afam 3 Fast Power 240MW turbines in Afam, Rivers State... yesterday
FG Approves Acquisition of Abuja Disco by Transcorp Consortium... Story on page 12
Indications emerged yesterday that the Independent National Electoral Commission (INEC), All Progressives Congress (APC), and the president-elect, Bola Tinubu, might oppose request by the presidential Continued on page 40
Adeleke Survives as S'Court Affirms His Election, PDP, Buhari, Tinubu Celebrate President urges citizens to team up with governor to develop state I’ll govern with God’s fear, Adeleke promises, says verdict historic It’s evident BVAS has come to stay, Atiku declares
Story on page 40
RT200 NON-OIL EXPORT SUMMIT...
L-R: MD/CEO, Nigeria Deposit Insurance Corporation (NDIC), Hassan Bello; Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Edward Adamu; Deputy Governor, Financial System Stability, Aishah Ahmad; Governor, Godwin Emefiele; President, Dangote Group, Aliko Dangote; Deputy Governor, Economic Policy, CBN, Kingsley Obiorah, and Deputy Governor, Operations, Folashodun Adebisi Shonubi, at the RT200 Non-oil Export Summit in Lagos... yesterday