₦airaland Forum

When I Took Over, The Naira Was ₦1,900/$; Now It's ₦1,450/$ - President Tinubu


According to a report by Nigerian Tribune on Thursday, September 4, 2025, President Bola Ahmed Tinubu has said that the Nigerian naira has recorded significant gains against the United States dollar under his administration.

According to him, the exchange rate has moved from N1,900 to a dollar when he assumed office to the current rate of N1,450, a development he described as evidence of economic stability.

The president made this known on Tuesday during a meeting with members of The Buhari Organisation (TBO), a political group made up of leaders from the defunct Congress for Progressive Change (CPC), at the Presidential Villa in Abuja.

Tinubu noted that the progress achieved so far reflects the success of his government’s economic reforms, stressing that Nigeria has met its 2024 revenue target ahead of time without relying on borrowing.

“The economy has stabilised, nobody is trading a piece of paper for an exchange rate anymore,” Tinubu stated.

“When I took over, it was N1,900 to a dollar. It’s N1,450 now. It’s been stabilising there. You don’t have to know Cardoso before you get your foreign exchange.”

He assured that his administration is firmly committed to restoring the country’s economic strength by prioritising job creation and tackling food insecurity.

According to him, agriculture remains central to Nigeria’s future, and efforts are being made to modernise the sector through mechanisation and new investment strategies.

Tinubu disclosed that his government is set to roll out a comprehensive mechanisation programme designed to establish agricultural centres across the country.

He added that these centres will not only boost food production but also serve as platforms for training schemes and large-scale employment opportunities.

The president emphasised that Nigeria’s food sovereignty can only be achieved through deliberate investments in agriculture, noting that the planned initiatives would help reduce dependence on food imports while empowering farmers with modern tools and knowledge.

By strengthening the naira, stabilising revenue, and driving agricultural reforms, Tinubu said his administration is laying a solid foundation for a more resilient economy.

He reassured Nigerians that the government would remain focused on implementing policies capable of improving livelihoods and sustaining growth.

Chai! Who pushed it to 1900?

2 million characters needed

Tinubu madness sef no be here..

Almost all politicians are talking rubbish..

This man just talking trash. I beg make him just dey go the Europe Holiday.

Streamz:
Chai! Who pushed it to 1900?

2 million characters needed

"When" did naira went up 1900, was it not "when" he took over power?. Why are you guys struggling with English

yemmight:
This man just talking trash. I beg make him just dey go the Europe Holiday.

Chemical1:
Tinubu madness sef no be here..

Almost all politicians are talking rubbish..

You guys are the reason people dey insult Nigerian graduates as half baked and unemployable.

zero8zero:
"When" did naira went up 1900, was it not "when" he took over power?. Why are you guys struggling with English



You guys are the reason people dey insult Nigerian graduates as half baked and unemployable.

Na grammar you dey here dey monitor? You no get work?

yemmight:
Na grammar you dey here dey monitor? You no get work?

I pity you, you don't understand the use of English, not even the elementary yet you're celebrating mediocrity and abusing the President with so much ignorance. Again, I pity una mob mentality.

It's better as you go for holiday than to dy here dy yarn okpata

zero8zero:
I pity you, you don't understand the use of English, not even the elementary yet you're celebrating mediocrity and abusing the President with so much ignorance. Again, I pity una mob mentality.

na agbero chairman you said someone is abusing before agbero chairman and his crooks took over it was 216.agbero chairman was the weapon fashioned against nigerians that prospered

What a lie from the pit of hell

We remembered how Cardoso abi na Edun saying then that the reasonable price from dollar was #700, then it was even 1200 or so

This man thinks all of us no get brain at all in this country

So how did 1400 now become an achievement?

zero8zero:
"When" did naira went up 1900, was it not "when" he took over power?. Why are you guys struggling with English



You guys are the reason people dey insult Nigerian graduates as half baked and unemployable.

Instead of picking the messages you resolved within you to attack the messengers and tomorrow you'll tag yourself a wise man right? Na your type full this nairaland. Una dey always feel like una too much but nothing come out.

Your mates dey work towards bringing down naira to dollar rate down to 450 naira u dey brag rubbish. Your own na to dey travel around go dey beggi beggi for loans and handouts.
Instead of you to go retire rest make younger smart minds rule this country una old people no go allow us make nigeria better. Continue dey brag over something wain me go dey ashamed to talk about lol..

Infotubia9ja:
Your mates dey work towards bringing down naira to dollar rate down to 450 naira u dey brag rubbish. Your own na to dey travel around go dey beggi beggi for loans and handouts.
Instead of you to go retire rest make younger smart minds rule this country una old people no go allow us make nigeria better. Continue dey brag over something wain me go dey ashamed to talk about lol..

Half baked education has been your Achilles heel. The real unsubsidized value of naira at that time was closer to #1900/$.

Masterstroke4:
When I Took Over, The Naira Was ₦1,900/$; Now It's ₦1,450/$ - President Tinubu


According to a report by Nigerian Tribune on Thursday, September 4, 2025, President Bola Ahmed Tinubu has said that the Nigerian naira has recorded significant gains against the United States dollar under his administration.

According to him, the exchange rate has moved from N1,900 to a dollar when he assumed office to the current rate of N1,450, a development he described as evidence of economic stability.

The president made this known on Tuesday during a meeting with members of The Buhari Organisation (TBO), a political group made up of leaders from the defunct Congress for Progressive Change (CPC), at the Presidential Villa in Abuja.

Tinubu noted that the progress achieved so far reflects the success of his government’s economic reforms, stressing that Nigeria has met its 2024 revenue target ahead of time without relying on borrowing.

“The economy has stabilised, nobody is trading a piece of paper for an exchange rate anymore,” Tinubu stated.

“When I took over, it was N1,900 to a dollar. It’s N1,450 now. It’s been stabilising there. You don’t have to know Cardoso before you get your foreign exchange.”

He assured that his administration is firmly committed to restoring the country’s economic strength by prioritising job creation and tackling food insecurity.

According to him, agriculture remains central to Nigeria’s future, and efforts are being made to modernise the sector through mechanisation and new investment strategies.

Tinubu disclosed that his government is set to roll out a comprehensive mechanisation programme designed to establish agricultural centres across the country.

He added that these centres will not only boost food production but also serve as platforms for training schemes and large-scale employment opportunities.

The president emphasised that Nigeria’s food sovereignty can only be achieved through deliberate investments in agriculture, noting that the planned initiatives would help reduce dependence on food imports while empowering farmers with modern tools and knowledge.

By strengthening the naira, stabilising revenue, and driving agricultural reforms, Tinubu said his administration is laying a solid foundation for a more resilient economy.

He reassured Nigerians that the government would remain focused on implementing policies capable of improving livelihoods and sustaining growth.

I'm sure they clapped when he told the lies

Hahahhahah

This news (Lies) is meant for urchiiins.

seunowa:
Half baked education has been your Achilles heel. The real unsubsidized value of naira at that time was closer to #1900/$.

You talking to me?

zero8zero:
"When" did naira went up 1900, was it not "when" he took over power?. Why are you guys struggling with English



You guys are the reason people dey insult Nigerian graduates as half baked and unemployable.

what are your reasons