From Jafar Omoniyi, Abuja
Vice President Kashim Shettima has assured Nigerians that the nation’s currency, Naira would continue to gain value against the American dollar at the forex market, the office of VP said in a statement.
TheNewsZenith reports that the spokesperson of the Vice-President, Mr Stanley Nkwocha, in the statement quoted Shettima as giving the assurance in Abuja.
The VP gave the assurance when he received officials of the Lagos Chamber of Commerce and Industry (LCCI), at the President Villa, Abuja.
Shettima recalled that President Bola Tinubu had successfully ended fuel subsidies and trying to unify the multiple exchange rate.
“The former arrangement was producing overnight billionaires to the detriment of the nation.
“Naira went haywire and some people were celebrating but inwardly we were laughing at them because we knew that we have the leadership to reverse the trend.
“Asiwaju knows the game and truly the Naira is gaining and the difference will drop further,” the VP said.
According to him, the Tinubu administration is also doing its best to address challenges in the power sector.
“The President is aware that power is absolutely essential. We are determined to ensure that we generate jobs for our youths.
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“Honestly, the President’s obsession is to live in a place of glory, to transform this country to a higher pedestal.
“He wants to leave a legacy, one of qualitative leadership because the hope of the black man, the hope of Africa rests with Nigeria.
“I want to assure you that President Bola Ahmed Tinubu is one of you. He understands your ecosystem.
“In this government, you have an ally and a friend,” Shettima told the LCCI oficials.
Speaking earlier, the Chamber’s President, Gabriel Idahosa, urged the government to consider more innovations in tackling the challenges facing the country.
Particularly, Idahosa what the President Tinubu to address the insecurity challenge, considering its multidimensional impact on the economy.
He also urged the overnment to formulate alternative policy measures that promotes credit access, stimulates investment and supports entrepreneurship.
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