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News

“I Need To Be Convinced On Why The Naira Should Be Murdered” – President Buhari

Farouk Mohammed
By Farouk Mohammed
Published: February 5, 2016
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President Buhari, on Friday, February 5, granted BBC an interview where he discussed some salient issues as well as the problems the country is facing.

The President touched on the government’s war against corruption, stating that the campaign is facing several challenges, especially due to the lack of sufficient evidence.

President Buhari said ‘to prosecute corruption successfully, we need evidence. That’s not easy especially in petroleum sector”

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Also speaking on the pressure being piled on the government to devalue the naira as the country spirals towards a seeming economic downturn, President Buhari stated that he would have to be convinced beyond reasonable doubt that devaluing the naira was the best course of action before approving such.

He blamed the origin of the fall of the naira on the Structural Adjustment Programme of General Ibrahim Babangida’s military regime while revealing that he has told the Central Bank Director to convince him as to why the naira should be devalued.

“I have asked governor of central bank others to sit and see if they can convince me to murder the naira. I went through devaluation in 1984. It’s SAP that killed the naira.”

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article “Jonathan Government Created TSA, But Couldn’t Impose It” – President Buhari
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