Buy made-in-Nigeria goods to strengthen Naira, Tinubu urges Nigerians

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“There is an intentionality that we must have on this issue that we want a strong currency, we want the spending power of our people to go up. We want every Naira and kobo we earn to be more valuable, not just here. But when we travel abroad, the way to achieve that is by doing just this,” he said. Similarly, amidst speculations and uncertainties about supply constraints in the forex markets, the naira extended its depreciation run at the parallel market recently, creating apprehension across the different sectors of the economy.

The naira closed Friday on a positive note at N1,431.49 to a dollar as against N1,492.61/$1 recorded on Thursday, official market data published by FMDQ showed. “And this is the point that His Excellency, the President wants to emphatically make today,” he added.

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