Politics

What Peter Obi Said When Asked About How To Stabilize the Naira Currency

What Peter Obi Said When Asked About How To Stabilize the Naira Currency

The former Anambra State Governor and presidential aspirant of the Labour Party, Peter Obi, has responded to the question about how can he stabilize Naira if elected as the President of Nigeria in 2033.

The Labour Party aspirant stated that the Nigerian Currency can only be stabilized if the Nigeria evolves from being consumers to producers.

He said only through production and exportation could Nigeria earn enough dollars to stabilize the Naira.

In his words: “The only way to stabilise the Naira is for the Nigerian economy to move from consumption to production. Nigeria must be able to manufacture and export to earn Dollars to stabilize the Naira.“……… Continue Reading

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Peter Obi made the statement during the Question and Answer session of the Nigerian Bar Association (NBA) 62nd Annual General Conference held at Eko Hotels, Lagos State.

The major presidential candidates such as the Peoples Democratic Party, the Labour Party, Atiku Abubakar and Peter Obi, respectively were present at the NBA event.

While, the vice-presidential candidate of the All Progressives Congress, Kashim Shettima, is also present at the event to represent the presidential candidate of the party, Asiwaju Bola Ahmed Tinubu.

Do you think Peter Obi’s strategy would work? Let us know in the comments section.

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