Naira Suffers Another Setback, Depreciates To ₦1,300/$

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Naijanews April 24, 2024 7:30 a.m.

Naira Suffers Another Setback, Depreciates To ₦1,300/$

It is on this note that we are calling on him to desist from this zealousness that is negatively affecting his image and that of the state.” Also, the Niger North Zonal chairman of the Peoples Democratic Party (PDP), Yahaya Ability, while speaking with newsmen, condemned the governor’s public spray of money and blamed his Special Advisers on Security and that Political Affairs who he claimed were not adequately performing their responsibilities as they ought to.

“Let the Governor look for better ways of sharing public funds in a more mature manner rather than endangering the lives of the people as they struggle at once for the money he throws around, ”he said Consequently, the margin between the parallel market and NAFEM rates widened to N45.15 per dollar from N15.51 per dollar the previous day.

Meanwhile, the governor of Niger State,Mohammed Umar Bago, has come under heavy backlash after a video of him throwing naira notes at his supporters surfaced online.

According to him, “We condemn in strong terms the unrepentant action of degrading the masses by Governor Bago..

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