
The Maritime Reporters Association of Nigeria (MARAN) has confirmed the participation of top government officials and industry leaders at its upcoming breakfast meeting, which will focus on the Nigeria–China currency swap.
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, representatives from the Federal Ministry of Finance, and the Chairman of the Customs Consultative Council, Aare Hakeem Olanrewaju, have all pledged to attend the event.
The forum, themed “Navigating the Nigeria–China Currency Swap: Opportunities and Challenges for Import, Export, and Maritime Business,” is scheduled to take place on April 15 in Lagos.
MARAN President, Godfrey Bivbere, confirmed that the CBN Governor has assured full representation at the meeting, while the Federal Ministry of Finance has also expressed interest in participating.
Aare Hakeem Olanrewaju, who chairs the breakfast meeting, has committed to being present, alongside key stakeholders such as representatives from the Chinese Embassy and the Association of Nigerian Licensed Customs Agents (ANLCA).
The event is expected to attract a diverse range of participants, including members of the Nigeria-China Strategic Partnership (NCSP), importers, exporters, maritime operators, policymakers, economists, financial institutions, and trade organizations.
Bivbere emphasized that the forum aligns with MARAN’s mission to analyze key government policies affecting the maritime sector.
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“The Nigeria-China currency swap aims to facilitate bilateral trade by providing Naira liquidity to Chinese businesses and Yuan liquidity to Nigerian businesses, thereby reducing reliance on the US dollar for transactions,” he explained.
According to him, the event will provide stakeholders with a deeper understanding of the currency swap and its impact on trade and maritime operations.