Cbn, Reps

Cbn, Reps

Reps accuse CBN of deliberately devaluating Naira

Reps accuse CBN of deliberately devaluating Naira

9/21/2021 4:49:00 PM

Reps accuse CBN of deliberately devaluating Naira

A House of Representative member, Bamidele Salam (PDP-Osun), has called on the Central Bank of Nigeria ( CBN ) to stop the continuous fall of the value of

Salam, in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja, decried the continuous devaluation of the Naira, saying that the Nigerian currency was doing badly when compared to other currencies of the world.As of the time of filing this report, a dollar was valued at N567 in the parallel market while the official price was N410 to a dollar.

Cubana Chief Priest calls out BBNaija star, Maria for sleeping with sister’s husband [BREAKING] Man United vs Liverpool: United suffer historic 5-0 humiliation - Punch Newspapers Jailbreak: Makinde orders installation of CCTV in Oyo prisons - Punch Newspapers

The lawmaker said the CBN should do something urgent about the situation to save the players in the Nigerian economy.“Though the value of the naira is a functionality of many things, it appears to me that there is a deliberate policy of the CBN to devalue the naira consistently.

“This is very worrisome because of its effect on trade, investment and on the consumption of goods and services both locally and those imported which depend on raw materials.“Are we saying that the Ghanaian economy, the Sierra Leonean economy, the Nigerian economy is doing better than the Nigerian economy? The Niger currency is doing better in the international market than the naira is in the last six months. headtopics.com

“Are we saying that the economy of Liberia and the economies of all these countries are doing better than that of Nigeria?“Why will we continue to look on and continue to have this free fall; in the parallel market today, a dollar is over N500,’’ he said.

He said he had approached the House to urge the CBN to take the urgent steps and that the House Committee on Banking and Currency should liaise with the CBN on the matter. Read more: Daily Post Nigeria »

ENDSARS MEMORIAL: Lawless Police Fires Tear Gas To Disperse Protesters At Lekki Toll Gate

Pls can APC stop accusing and blaming and fix the shit on ground? CBN accused AbokiFx for Naira crash. Reps accuse CBN of Naira crash Wait! Are we in a circus Republic or trial by error Republic or wetin sef? FixTheCountry

Businesses must accept e-naira payment, CBN warns - Punch NewspapersBusinesses must accept e-naira payment, CBN warns You can’t force your currency on us sir. NdiAra Is CBN a military arm? Arrest ban sites now forcing e naira

It’s compulsory for Nigerians to accept e-naira, says CBN - Punch NewspapersThe most widely read newspaper in Nigeria Then the crypto ban has to be lifted This man useless shall This one na werey sha

Ex-CBN Deputy Governor, Mailafia, Dies Of Suspected COVID-19A former deputy governor of the Central Bank of Nigeria ( CBN ) Dr. Obadiah Mailafia has died at a public hospital in Abuja. Although there is no official A former deputy governor of the Central Bank of Nigeria ( CBN ) Dr. Obadiah Mailafia has died at a public hospital in Abuja. YeleSowore perhaps you should read these.

CBN, forex scams and economy - Punch NewspapersThe most widely read newspaper in Nigeria

FG recorded N150.36bn fiscal deficit in April- CBNThe Federal Government recorded a fiscal deficit of N150.36bn in April, after recording an aggregate expenditure of N559.67bn and retained revenue of N409.31bn. Imagine as from April Nigeria govt is already recording deficit. Emefiele actually knows the truth. But keep aiding Buhari and team to k!ll the naira.

ACHJR Backs CBN, Says AbokiFX Threat To Financial StabilityThe African Centre for Justice and Human Rights (ACJHR) has described the owner of Aboki FX, Oniwinde Adedotun, an online platform that gathers and So