Amidst economic challenges, the Presidency emphasizes the importance of buying locally-made products to bolster the Nigerian currency. Special Adviser Ajuri Ngelale emphasized President Tinubu's directive during a press briefing, urging citizens to patronize made-in-Nigeria goods across all sectors.
This initiative aims to strengthen the Naira against global currencies and alleviate financial burdens on families. Ngelale highlighted various government interventions, including grants for nano enterprises and support for large-scale manufacturers. President Tinubu's comprehensive approach also addresses issues like prudent spending and sustainable currency strength.
With a temporary ban on unnecessary foreign travel and efforts to combat sharp practices in the foreign exchange market, the government aims to stabilize the Naira's value. Additionally, discussions on minimum wage adjustments are underway, with a focus on ensuring sustainability amidst economic fluctuations.
