Naira slide against the dollar no longer acceptable, says PGF DG - News Summed Up

Naira slide against the dollar no longer acceptable, says PGF DG


THE Director General of the Progressives Governors Forum, Dr. Salihu Lukman, has urged the Governor of the Central Bank of Nigeria, Godwin Emefiele, to expedite action on saving the Naira because its slide against the United States’ dollar was no longer acceptable. “Many PDP leaders and their supporters are emboldened by the weak responses of designated public officers in Federal Government saddled with the responsibilities of engaging Nigerians around initiatives of government. “The other challenge, which is very disturbing is issues around management of Nigeria’s foreign exchange by the Central Bank. A situation whereby the US Dollar would appear to be on a roller-coaster against the Naira is simply unacceptable. “If economic indices are the reference point in any comparative assessment of performance President Buhari led administration as compared to all the PDP administrations between 1999 and 2016, PDP leaders and their supporters cannot have any voice.”


Source: Punch September 22, 2021 20:10 UTC



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