The Nigerian Naira has been predicted to likely crash exchange for N2000 against the US Dollar.
The prediction was made by an aide to former Vice-president, Atiku Abubakar, Daniel Bwala, who mocked President Bola Ahmed Tinubu-led administration over continuous deterioration of Nigeria economy.
The aide to the Peoples Democratic Party, PDP, presidential candidate warned that the exchange rate might rise to N2000 against the United States, US, dollar by Christmas.
He said that the country’s economy was deteriorating because President Tinubu’s government has failed to take the right steps.
Posting on X, Bwala pointed out that only the Minister of Interior, Olubunmi Tunji-Ojo, is performing among Tinubu’s cabinet.
He wrote: “The way the economy is sinking, if serious care is not taken, by Christmas the dollar would sell for N2000. Everything rises and falls on the naira value.
“Where are the Wale Edun and Yemi Cardoso of this world that they told us one will walk on water and the other would turn water into wine.
“Big big grammar, but no single sign of light at the end of the tunnel
“Largest cabinet in the world, but only one minister is working; Dr Olubunmi Tunji-Ojo, minister of interior.”
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