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Nairaland Forum / Nairaland / General / Politics / 'I Won't Devalue The Naira' - President Buhari Insists (437 Views)
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'I Won't Devalue The Naira' - President Buhari Insists by mytot90: 3:21pm On Feb 21, 2016 |
[img]http://2.bp..com/-a9q28pQUuCM/Vsm2OPo6TQI/AAAAAAAIZBY/iJKGVs89FNI/s400/index.jpg[/img] While speaking at the just concluded Business for Africa, Egypt and the World Forum held in Egypt yesterday February 20th, President Buhari reiterated his stance against the devaluation of the Naira "Developed countries are competing among themselves and when they devalue they compete better and manufacture and export more. But we are not competing and exporting but importing everything including toothpicks. So, why should we devalue our currency?. We want to be more productive and self-sufficient in food and other basic things such as clothing. For our government, we like to encourage local production and efficiency.βhe said He added that those who have developed taste for foreign luxury goods should continue to pay for them rather pressure government to devalue the Naira Source: http://manwordk..com/#/#/B8By5XW_yVo/i-wont-devalue-naira-president-buhari.html |
Re: 'I Won't Devalue The Naira' - President Buhari Insists by dpete1: 3:41pm On Feb 21, 2016 |
nice move |
Re: 'I Won't Devalue The Naira' - President Buhari Insists by Alertz3(m): 3:47pm On Feb 21, 2016 |
Ok. |
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