L
LequteMan
Guest
According to Governor Willie Obiano of Anambra state, the depreciating days of Nigeria's currency, the naira, aren't over.
Speaking during the commencement of the Anambra State Fire and Safety Summit in Awka on Wednesday, he expressed fear that the dollar will continue to appreciate against the naira.
“People should embrace risk management. That is the solution to disaster, especially in a recession," he said. “No recession lasts less than 18 months, so we need to wake up. The naira is moving to N500 per dollar.
“We need to secure our certificates and other valuables of ours so that nothing will happen to them overnight. That’s the way to survive in a recession," he said.
Punch.
Speaking during the commencement of the Anambra State Fire and Safety Summit in Awka on Wednesday, he expressed fear that the dollar will continue to appreciate against the naira.
“People should embrace risk management. That is the solution to disaster, especially in a recession," he said. “No recession lasts less than 18 months, so we need to wake up. The naira is moving to N500 per dollar.
“We need to secure our certificates and other valuables of ours so that nothing will happen to them overnight. That’s the way to survive in a recession," he said.
Punch.
