It was reported earlier today that the Vice President of the country, Prof Yemi Osinbajo asked the Central Bank of Nigeria, CBN to reduce the value Naira, stating it clearly that the exchange rate is artificially low.
This statement that was made by VP Osinbajo caused the former special assistant to former president Goodluck Jonathan, Reno Omokri to speak.
While responding to the statement, he made it known that diesel price is now ₦320 per litre and the Vice President Yemi Osinbajo is telling the CBN to devalue Naira.
Speaking further, the former presidential spokesperson stated it clearly that every minute, six Nigerians enter extreme poverty, yet the Vice President who has a feeding and travel budget of close to ₦1 billion, wants Nigerians to suffer more.
This is really not a good one for our dear country Nigeria. I don't think that reducing the value of Naira is the solution to the current state of Naira. The best thing that should be done is for the federal government to stop borrowing and start generating money Internationally. By doing so, it will help our economy to grow.
What is your take on this particular issue? You can drop your comments and opinions below.
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