Naira will continue to appreciate against US dollar, Tinubu knows the game – Shettima
Vice President Kashim Shettima has provided assurance that the Nigerian currency will maintain its upward trend against the dollar. Shettima emphasized that President Bola Tinubu comprehends the dynamics and is committed to sustaining the appreciation of the naira.
These remarks were made during a courtesy visit to the Vice President’s office in Abuja by a delegation from the Lagos Chamber of Commerce and Industry, led by President Gabriel Idahosa.
According to a statement from his media aide, Stanley Nkwocha, the Vice President highlighted Tinubu’s decision to abolish fuel subsidies and streamline the multiple exchange rates, as the previous system was resulting in overnight billionaires.
He said: “Naira went haywire and some people were celebrating but inwardly we were laughing at them because we knew that we have the leadership to reverse the trend.
“Asiwaju knows the game, and truly the naira is gaining and the difference will drop further.”
The Vice President also noted that the quality of leadership provided by Tinubu as governor of Lagos laid the foundation for the massive development witnessed in the state.
“We will always thank President Tinubu for providing the blueprint for the development of Lagos that we are seeing today,” he said.
