Buhari spent $1.5b monthly to defend naira, borrowed massively to cover costs — Presidency - News Summed Up

Buhari spent $1.5b monthly to defend naira, borrowed massively to cover costs — Presidency


The rejoinder asserted that last the administration had spent the sum of $1.5 billion monthly to defend the naira. The presidency added: “To be sure, President Tinubu did not create the economic problems Nigeria faces today. “The Tinubu administration and the 36 states are working assiduously to produce food in abundance to reduce the cost. As those countries are trying to confront the problem, the Tinubu administration is also working hard to overturn the economic problems in Nigeria. “Our country faced economic difficulties in the past, an experience that has been captured in folk songs.


Source: Nigerian Tribune June 17, 2024 06:39 UTC



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