Nine months into the launch of the RT200 FX programme, the Central Bank of Nigeria(CBN) said, the volume of foreign exchange inflow into the country has risen by 56.3 per cent in 2022 as it has paid out about N81 billion in rebates.
This is even as he said, the first RT200 Export Summit held earlier this year has resulted in ease in trade processes in the country.
The RT200 FX programme is an initiative of the apex bank targeted at achieving $200 billion inflow form exports over the next three to five years through intensifying exporters who channel their inflow through the official window and sell it through the Investors’ and Exporters window.
Speaking at the second edition of the RT200 Export Summit in Lagos on Tuesday, the governor of the Central Bank of Nigeria(CBN), Godwin Emefiele, disclosed that, this year, a total of $4.987 billion have been repatriated into the country by non-oil exporters. This figure, he said, is higher than $3.190 billion repatriated in 2021.
