President Bola Tinubu, says his administration will unleash a number of measures to revive the economy, based on the recent appreciation of the Naira.
Tinubu said that this was in line with the current appreciation in the value of the Naira, due to various steps taken to curb activities of illegal money speculators.
Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, made this known to statehouse Correspondents on Friday in Abuja.
Nigerians at large have witnessed the seismic shifts that have taken place within the nation’s foreign exchange market over the course of the last several days and the strengthening of the Nigerian Naira against the United States dollar.
“This is a time to deepen our efforts to dig in and to work harder, which is why President Tinubu has approved a series of interventions to ensure that we see a mass strengthening of the Nigerian Naira against all other global currencies.”
Ajuri said the President appealed to Nigerians to use this period to imbibe the culture of patronising and purchasing Nigeria products across all value chains.
“There is an intention that we must have on this issue that we want a strong currency, we want the spending power of our people to go up.
“We want every Naira and Kobo we earn to be more valuable not just here but when we travel abroad, the way to achieve that is by doing just this.”
Ajuri said the President demanded every Nigerian to join in this effort of turning the tide against unscrupulous citizens working to undermine the economy.
He urged Nigerians to blow the whistle on any activity that is drawing the economy to the brink, in order to save the country and cut cost of governance.