meta-tag:
HomeNewsNorthern Groups In battle With Osinbajo Over Naira Devaluation

Northern Groups In battle With Osinbajo Over Naira Devaluation

Northern Groups under the Coalition of Northern Youth Groups (CNYG) have approached the Vice President, Yemi Osinbajo, to drop the thought for the devaluation of the naira and permit the Central Bank of Nigeria and other agencies to do what they can to help the economy.

ALSO READ: Nnamdi Kanu’s rumoured transfer to India is fake news – Kanu Lawyer

Advertising

The group urged President Muhammadu Buhari to encourage the CBN Governor, Godwin Emefiele, not to devalue the naira, but rather make ways that would strengthen the naira against other currencies.

The group in a statement issued in Kaduna by Mallam Yusuf Amoke, the coalition convener,  warned that the policies may plunge Nigerians into further poverty. 

Advertising

 “We shall not allow anybody to use his or her office to project unpopular policies that will plunge Nigerians into further poverty; the one the masses are faced with is enough.

“Further devaluation of naira means more poverty, more insecurity, more restiveness, and more death in the land. We say no to the devaluation of the naira,” he said.

Advertising
Matthew Okosodo Ehiosun
Matthew Okosodo Ehiosun
Matthew Okosodo Ehiosun is a Nigerian journalist and political analyst, and the publisher of The Daily News Media. A former staff of the Nigerian Television Authority, he cover politics, metro, entertainment, and national issues with a focus on accuracy, speed, and digital audience growth.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments