Nigeria, March 26 -- The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) on Monday expressed concerns over the clearing of the Central Bank of Nigeria forex backlog, highlighting challenges faced by member companies.

The CBN, on 20 March, announced it had cleared all 'valid' foreign exchange backlogs.

While commending the CBN for clearing the backlog, the association reiterated the need to take drastic steps to address the unmet forex requests by some members of private sector operators.

In a statement by its National President, Dele Oye, the association hailed President Bola Tinubu and the CBN Governor, Olayemi Cardoso, for the move.

However, he said several NACCIMA member companies and other p...