They Moved Exchange Rate From ₦200 To ₦800 - Tinubu Blasts Buhari At Cross River Rally (Video)
Posted by Thandiubani on Wed 01st Feb, 2023 - tori.ng
The recent attack is coming some days after he criticized the Central Bank of Nigeria (CBN)’s naira redesign policy.
President Muhammadu Buhari's government has been criticized for moving the exchange rate from N200/$1 to N800/$1.
The criticism was issued by the presidential candidate of the ruling All Progressive Congress (APC), Bola Tinubu during a rally in Calabar, Cross River State on Tuesday.
Tinubu had previously attacked the Buhari government over the decision of the Central Bank of Nigeria (CBN) to naira redesign policy and the current fuel scarcity in major cities across the country.
He alleged that they are part of the plots to sabotage his victory at the forthcoming presidential election.
Tinubu, while delivering his speech on Tuesday slammed the federal government for taking the exchange rate from about N200 to a dollar to about N800 a dollar in the black market.
The former Lagos State Governor said, “To change and the torture, they moved the exchange rate from doing N200 to N800. If they had repaired it, if they had arrested this, we won’t be where we are today, we would be greater. “They don’t know the way, they don’t know how to think, they don’t know how to do.’’
Many believe this is an indication that the Buhari-led government has failed.