Activist Deji Adeyanju has made a prediction about the Dollar selling for 5,000 under President Bola Tinubu’s administration.
According to Adeyanju, the Federal Government and the Central Bank of Nigeria are completely clueless on the exchange rates.
Deji took to Twitter late Tuesday night, February 27, to lament about the economic hardship in the country.
He said, “Dollar will sell for N5,000 under Tinubu. You will remember I said this. They are completely clueless. If you know what they are doing in CBN, you will weep for this nation. The window dressing of Cardi B will soon be over.”
In a follow up tweet he asked for all politicians to stop receiving salary.
“Stop paying all Nigerian politicians now. Stop paying all Nigerian politicians now. Stop paying all Nigerian politicians now. Stop paying all Nigerian politicians now. Stop paying all Nigerian politicians now. Let everything be sacrificial. It’s the only way out.” He tweeted.
Gistreel reports that the naira fell as low as 1,851 to the dollar on the official market on Thursday last week, compared with around 1,800 quoted in street trading , before recovering to close around 1,571 to the dollar, FMDQ data showed.
Africa’s biggest economy suffers from crippling foreign-currency shortages that have pushed the naira to repeated all-time lows on the official and parallel markets, despite the central bank intervening with dollar sales.
