₦airaland Forum

President Bola Ahmed Tinubu has declared that Nigerians can now use the Naira Card for payments and transactions across the world, saying the achievement reflects growing confidence in the nation’s currency.

The announcement was made on Saturday in Abuja during the 9th Annual Ramadan Lecture and Prayer for the Nation organised by the Ashraaf Islamic Foundation.

The event focused on the theme, Faith and Justice: The Islamic Judicial Perspective on Terrorism and Banditry in Nigeria.

Speaking through the Minister of State for Health, Dr Iziaq Adekunle Salako, the president said recent economic reforms had begun to yield positive results. He noted that interest rates had been adjusted downward by the Central Bank of Nigeria, while inflation figures were showing signs of improvement.

According to him, the country has moved away from heavy dependence on foreign currencies for basic international transactions.

He said Nigerians can now travel abroad and rely on their Naira Card without needing to carry dollars, euros or pounds.

Tinubu attributed the change to improved stability in the naira and better management of external reserves.

He also claimed that food inflation has been on a steady decline over the past year and that headline inflation has followed a similar trend in recent months.

The president admitted that the economic reforms introduced by his administration came with hardship at the initial stage. However, he said those difficult decisions were necessary to correct long-standing problems in the economy.

He stressed that current indicators show Nigeria is gradually recovering, pointing to currency stability and improved confidence in the financial system as evidence.

On security, Tinubu reassured Nigerians that his government remains committed to defeating terrorism and banditry.

He praised religious and traditional leaders for their prayers and support, saying national unity is key to restoring peace and stability.

He maintained that those threatening Nigeria’s progress would be confronted and defeated through collective effort and strong governance.

chukwutee:
The man ask intelligent question and Otti realises that he’s about to expose the fact that he’s another overhyped package fraud, I swear, look inwardly, Otti will not make first 7 best Nigeria governor in tinubu administration! Dont forget that his people thrive in packaging lies ?

OneCandleAway:
Something we enjoyed during the time of Jonathan. A regime you all chose to frustrate out of power purposely so APC can grab power. Now you can't even achieve half of what Jonathan did

yarimo:
Eze finishing of agulu village Mr peter obi won't like this achievement, always wishing Nigeria and Nigerians bad

yarimo:
Eze finishing of agulu village Mr peter obi won't like this achievement, always wishing Nigeria and Nigerians bad

OneCandleAway:
Something we enjoyed during the time of Jonathan. A regime you all chose to frustrate out of power purposely so APC can grab power. Now you can't even achieve half of what Jonathan did

seunowa:
Yes, what he did was uncalled for, he should have answered intelligently rather than resorting to insult. I think his people love him especially the abians because he has been the only governor for than two decades addressing the state infrastructure needs.

spiSeyi:
Maybe for those who spend below 10 USD it is a shame that the Naira card can't be used for tangible intl transaction. Imagine the SA Rand (ZAR) been accepted globally ahead of the Naira, I will always say this the PDP led government is the best in the history of our democracy gone are those days we used to pay for VPS and satellite network directly with our Naira card or even just fill a transfer form in Zenith without tuning to Sabo to get the needful done.

ijayalolo:
I made transaction of over 1k Dollars from my Gtb Naira card at a go, my vpn, adobe and other subscriptions I pay directly from there without hassles.

Well, maybe because it's a platinum card though

jamafa:
Same Jonathan??

No b em and his ministers finish Nigeria patapata

SixSeven:
This is quite funny because it was even the Central Bank that did it back then, not the President. Right now, APC repackages what they have destroyed and present it to you as an achievement. What a joke 🤡

A
Pretentious
Change

spiSeyi:
Show us the receipt while you masked the necessary info

Abufo:
That question was foolish and framed to humiliate the governor! Can the stupid journalist ask Tinubu to list and name all his achievements in such a setting? He should have asked a more concise and considered question .......such as his plans for unemployed youth or

spiSeyi:
Show us the receipt while you masked the necessary info

spiSeyi:
Maybe for those who spend below 10 USD it is a shame that the Naira card can't be used for tangible intl transaction. Imagine the SA Rand (ZAR) been accepted globally ahead of the Naira, I will always say this the PDP led government is the best in the history of our democracy gone are those days we used to pay for VPS and satellite network directly with our Naira card or even just fill a transfer form in Zenith without tuning to Sabo to get the needful done.

OneCandleAway:
Something we enjoyed during the time of Jonathan. A regime you all chose to frustrate out of power purposely so APC can grab power. Now you can't even achieve half of what Jonathan did