NEWS

Naira Will Continue To Appreciate Against Dollar, Tinubu Knows The Game- Shettima

He reflected on President Tinubu’s leadership during his tenure as governor of Lagos.

By Musa Ibrahim

Vice President Kashim Shettima has conveyed confidence in the continued appreciation of the Naira against the dollar in the forex market. According to a statement by Mr. Stanley Nkwocha, spokesperson for the vice president, Shettima made these remarks during a meeting with officials of the Lagos Chamber of Commerce and Industry (LCCI) at the Presidential Villa in Abuja.

He also mentioned that President Bola Tinubu’s decision to end fuel subsidy and unify the multiple exchange rates was to address the issue of overnight billionaires created by the previous system.

“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.”

He reflected on President Tinubu’s leadership during his tenure as governor of Lagos, emphasizing that it set the stage for the substantial development observed in the state. Shettima reassured that the Tinubu administration is actively working to tackle challenges in the power sector, recognizing its critical role in development. He underscored that Tinubu’s administration understands the paramount importance of power for progress.

“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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