President Bola Tinubu has urged Nigerians to patronise made-in-Nigeria products and services to sustain the naira’s recent gains in the foreign exchange market.
The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, stated this while addressing State House correspondents at the Presidential Villa on Friday.
According to the presidential aide, the recent appreciation of the value of the naira against the dollar is a good development but not yet satisfactory.
Ngelale stated that the strengthening of the Naira was achieved through collaboration with the Central Bank of Nigeria (CBN) and other government agencies.
He stated that CBN and other agencies achieved this feat by dealing decisively with sharp practices on certain cryptocurrency trading platforms within the parallel market of the foreign exchange ecosystem.
Ngelale argued that a stronger naira is necessary for working citizens as it would complement the new minimum wage upon implementation