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“Stubborn Dollar No De Fear Cardoso Again”- Shehu Sani Declares

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“Stubborn Dollar No De Fear Cardoso Again”- Shehu Sani Declares....KINDLY READ THE FULL STORY HERE▶

Written By Oshiobugie John

Former Senator representing Kaduna Central, Shehu Sani, has weighed in on the ongoing controversy surrounding the sudden depreciation of the Naira against foreign currencies. READ THE FULL ARTICLE HERE

 

 

 

TRENDING: Holiday Over: Naira Plummets Against US Dollar, Other Foreign Counterparts Amidst Failure of Tinubu’s Economic Team to Stabilize Nation’s Currency – BushRadio (bushradiogist.com)

In recent hours, alarming reports have surfaced, highlighting a significant decline in the value of the Nigerian Naira compared to major foreign currencies, including the US Dollar and British Pound.

Just weeks ago, hopes were high as the Naira seemed on the verge of achieving unprecedented strength. However, despite efforts by President Bola Ahmed Tinubu’s economic team, which includes notable figures like Apex Bank Governor Yemi Cardoso, CBN deputies, and Minister of Finance Wale Edun, including measures such as the ban on Binance, an alleged currency speculation platform, the situation has taken a downturn.

Moreover, recent reports have raised concerns about the depletion of Nigeria’s foreign reserves, purportedly due to efforts led by Yemi Cardoso to shore up the Naira’s value.

Expressing his opinion via his social media handle, Shehu Sani remarked, “Stubborn Dollar no de fear Cardoso again.”

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Source: Bushradiogist

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