Wednesday, 01 February 2023 05:49

Tinubu, again, attacks Buhari over Naira value; says exchange rate went from N200 to N800 on president’s watch

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Presidential candidate of the All Progressives Congress (APC), Bola Tinubu, at the party’s presidential campaign rally in Calabar, Cross River State, slammed the President Muhammadu Buhari-led federal government over the depreciation of the nation’s currency.

This comes few days after Tinubu criticised the government.

According to Tinubu, when the government took over, the naira/dollar exchange rate was about N200 to a dollar, but it has depreciated to about N800 to the dollar on the parallel market.

“Today, they moved the exchange rate from N200 to N800. If they had repaired it, if they had arrested this, we won’t be where we are today, we will be greater. 

“They don’t know the way, they don’t know how to think, they don’t know how to do,” the former Lagos governor said.

Tinubu recently in Abeokuta, Ogun State, had attacked the federal government for the lingering fuel scarcity in the country as well as the naira redesign project which the Central Bank of Nigeria carried out with the approval of Buhari.

However, the former Lagos governor had denied that the outburst was targeted at the president, but the presidential candidate of the Peoples Democratic Party, Atiku Abubakar.

Also at the Calabar rally, Tinubu promised that Cross River State woulf be converted to the tourism hub of Nigeria if he becomes the president of Nigeria after the February 25, 2023 presidential election.

Tinubu said this while addressing a mammoth crowd of APC stalwarts and supporters that trooped out to grace the presidential campaigns of the party in Calabar.

 

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