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How The Buhari Administration Caused Sharp Drop In Value Of Naira – Dele Momodu - Politics - Nairaland

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How The Buhari Administration Caused Sharp Drop In Value Of Naira – Dele Momodu by isaacngozi79: 1:17pm On Nov 02, 2022

https://www.youtube.com/watch?v=dZljxcz5QR4

The Director of Strategic Communication, Peoples Democratic Party (PDP) Presidential Campaign Council, Dele Momodu, has blamed the Buhari administration for the recent drop in the value of the naira.

Mr Momodu, in a statement, said the sharp fall in the value of the naira against other currencies followed the announcement of the planned redesign of some denominations of the naira by the Central Bank of Nigeria (CBN).

The CBN has recently announced its decision to redesign some Naira notes which generated mixed reactions from Nigerians.

Mr Momodu, who was speaking on Monday during an interaction with journalists at the Atiku Abubakar Campaign Office in Abuja, said the Buhari government has mismanaged the economy, adding that the economy was at the brink of collapse.

He said if elected to office, his party’s candidate, Atiku Abubakar, will implement policies that will fix the economy.

“Our candidate is deeply concerned by the cost of living crisis which is daily worsened by the hyperinflation inflated on Nigerians by the ineptitude of the APC administration. We are assuring Nigerians that help is on the way as the policies enunciated with the policy document

“Our Covenant with Nigerians”, will not only bring Nigeria out of poverty but also herald an era of prosperity and prosperity sustainable development in a PDP government, come 2023.

“The declaration by the Central Bank of Nigeria last week, that it would redesign some denominations in the naira, as expectedly, generated varied reactions from Nigerians.

“Already, the value of the naira has plummeted since the announcement and efforts must be intensified to address the decline in the value of the naira. The economy, which is on its knees at the moment, can hardly afford further devaluation of the Nigerian currency.

Re: How The Buhari Administration Caused Sharp Drop In Value Of Naira – Dele Momodu by johnsonadewole: 1:18pm On Nov 02, 2022

https://www.youtube.com/watch?v=T_Iei_Wi3Ac


https://www.youtube.com/watch?v=tbOyxLknr1Y
Labour Party’s presidential candidate, Peter Obi said the Federal Government has not shown compassion to the plight of flood victims across Nigeria.
Re: How The Buhari Administration Caused Sharp Drop In Value Of Naira – Dele Momodu by slivertongue: 1:19pm On Nov 02, 2022
Buhari is a disaster repackaged by the like of momodu
Re: How The Buhari Administration Caused Sharp Drop In Value Of Naira – Dele Momodu by seunmsg(m): 1:20pm On Nov 02, 2022
Dele Momodu the presidential aspirant turned errand boy has finally found his voice again after the Wike lashing.

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Re: How The Buhari Administration Caused Sharp Drop In Value Of Naira – Dele Momodu by ibrahimdauda180: 2:12pm On Nov 02, 2022
This is the Gospel truth. Neither PDP nor APC can rescue the country from the mess we are currently in.

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