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President Bola Tinubu has called on Nigerians to buy locally made goods and services in order to strengthen the Naira’s value and bolster the nation’s economy. While recognizing that the current value of the Naira is not yet cause for celebration, the President emphasized the need for continued efforts to sustain the currency’s positive performance. He also urged citizens to report any activity that might undermine the Naira.
Tinubu, who spoke through his Special Adviser on Media and Publicity, Ajuri Ngelale, during a briefing of State House correspondents, said government was working hard at strengthening the naira to make life easier for Nigerians when the new minimum wage comes into effect.
The Naira has appreciated at the foreign exchange market over the last few days, gaining N18 to close at 1,382/$ at the official market on Thursday.
“This is clearly the direction all of us have wanted to head and we are very sober to the fact that this is no time to rest or to clap.
“This is a time to deepen our efforts to dig in and to work harder, which is why His Excellency President Bola Ahmed Tinubu, has approved a series of interventions to ensure that we see a mass strengthening of the Nigerian Naira against all other global currencies,” Ngelale said.
