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‘Naira is gaining and the difference will drop further’ — Shettima assures

by Present Nigeria
April 21, 2024
in Business
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Tinubu Approves Appointment Of 18 Aides In Vice President’s Office
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Vice President Kashim Shettima has expressed optimism about the performance of Nigeria’s currency, the Naira, saying it will continue to appreciate against the dollar.

He stated this when a delegation of the Lagos Chamber of Commerce and Industry (LCCI) led by its President, Gabriel Idahosa, paid him a courtesy visit in his office at the President Villa, Abuja.

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Shettima stated that when the Naira went haywire and some people were celebrating, they were inwardly laughing at them because they know they have the leadership to reverse the trend. 

Highlighting President officialABAT’s strategic decisions to terminate fuel subsidy and streamline the exchange rate, Vice President Kashim emphasised the necessity to curb the overnight creation of billionaires under the previous system.

Expressing his anticipation of further depreciation of the dollar against the Naira, the Vice President remarked,

“Naira went haywire and some people were celebrating but inwardly we were laughing at them because we knew that we have the leadership to reverse the trend.

“Asiwaju knows the game, and truly the naira is gaining and the difference will drop further”.

“We will always thank President Tinubu for providing the blueprint for the development of Lagos that we are seeing today.  We are determined to ensure that we generate jobs for our youths. Honestly, the President’s obsession is to live in a place of glory, to transform this country to a higher pedestal. He wants to leave a legacy, one of qualitative leadership because the hope of the black man, the hope of Africa rests with Nigeria.

“I want to assure you that President Bola Ahmed Tinubu is one of you. He understands your ecosystem. In this government, you have an ally and a friend.”

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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