Nigeria Presidency Tangles with Atiku, El-Rufai, Obi Over Naira's Strength

​

The Digest:

The currency of controversy is the Nigerian Naira. The Presidency has celebrated reports of Chinese traders accepting Naira for transactions, a move it attributes to the Tinubu administration’s reforms. In a direct jab, the Presidency's spokesman criticized political opponents for not acknowledging the development.

Key Points:

• The Presidency, via spokesman Bayo Onanuga, celebrated the Naira’s acceptance by some Chinese traders.
• Onanuga called the development a "salutary" one, suggesting the Naira is "waxing stronger" and the US dollar is no longer "king."
• He credited the progress to President Tinubu's economic reforms
• The presidential spokesman accused political opponents Atiku Abubakar, Nasir El-Rufai, and Peter Obi of refusing to celebrate the feat.
• He further claimed the trio is "waiting for disasters" to use against the Tinubu administration.

The statement turns a perceived economic win into a political flashpoint. By highlighting the opposition's silence, the Presidency is attempting to frame their criticism as politically motivated frustration rather than genuine concern.

Source: Daily Post