How does the Nigerian government address issues of currency exchange and forex management for exporters?
The Nigerian government addresses issues of currency exchange and forex management for exporters byÂ
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 Liberalizing the foreign exchange market to allow market forces to determine the value of the naira.
Implementing a managed floating exchange rate regime to enhance efficiency and facilitate a more liquid and transparent foreign exchange market.
 Allowing the naira to float freely in the inter-bank foreign exchange market.
Introducing a new foreign exchange policy that allows market forces to determine the exchange rate.
 Implementing a system of "guided deregulation" to manage the foreign exchange market.
 Encouraging the development of institutions such as the Nigerian Export Promotion Council (NEPC) and the Nigerian Export-Import Bank (NEXIM) to earn more foreign exchange.
