Tinubu Attacks FG Over Poor Exchange Rate of N800 against $1

The 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 President Muhammadu Buhari.

However, the former Lagos governor had denied that the outburst wasn’t 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.

The APC leader who arrived Calabar in company of his running mate Senator Kashim Shettima alongside other party members said: “We will turn the water surroundings and the Atlantic of Cross River State to be better than Florida.Money will come in; this state will become wonders of tourism in Nigeria. We are promise keepers!

“We mean what we say. When we took over in Lagos, we said what we’ll do in Lagos, and we did it. Today Lagos is exceptionally rich and functional.”

The APC presidential candidate said as president, he would create prosperity, create jobs and create a much stronger economy for the country.

Tinubu told the people of Cross River State not to vote for the candidate of the PDP.

“They (PDP) mismanaged the nation’s economy, and privatised assets of the country to themselves and their cronies. Don’t mind them with their lies of 16 years, they cannot even provide electricity to roast corn. They kept lying, electricity that is generated from our hydro, they don’t know how to do it”, he alleged.

Credit: Thisday


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