Nigeria Announces $10 Billion Fund to Stabilize Naira and Support Economy

• Nigerian government plans to raise $10 billion fund to address currency crises and boost foreign exchange liquidity • Fund aimed at stabilizing the naira and supporting the economy as currency continues to devaluate • Announcement made by VP Shettima on behalf of President Tinubu at public conference on managing state assets • Government focusing on optimal asset management to unlock revenue potential and double GDP growth • Transparency and accountability highlighted as key principles for improving returns to fund development priorities