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Home ยป Shettima flays Nigerians laughing at naira’s fall against dollar
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Shettima flays Nigerians laughing at naira’s fall against dollar

OsunDailyBy OsunDailyFebruary 1, 2024No Comments1 Min Read
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Shettima flays Nigerians laughing at naira's fall against dollar
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Vice President Kashim Shettima has faulted those laughing over the depreciation of the naira.

Speaking in Abuja, the Vice President said Nigerians should have come together to work towards recovering the countryโ€™s economy.

According to Shettima: โ€It is not only disheartening and disenchanting but also heartbreaking that yesterday when the naira plummeted to N1500 to the dollar.

โ€œInstead of us to coagulate into a single force and salvage our nationโ€™s economy, sadly, some clowns are celebrating on Twitter of an impending implosion of the Nigerian economy.โ€

OsunDailyNG recalls that the naira depreciated on Tuesday, crashing by 42 per cent against the US dollar in the foreign exchange market in two days.

Data from FMDQ showed that the naira further plummeted to an all-time low of N1,482.57 per US dollar on Tuesday from N1,348.63 on Monday.

This represents a 9 per cent or 133.94 loss compared to N1,348.63 recorded at the close of trading on Monday.


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dollar fall Flays Laughing nairas Nigerians Shettima
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