Saving The Naira: Atiku Blasts Tinubu, Offers Way Out
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Former Vice President Atiku Abubakar criticizes President Bola Tinubu's lack of clear ideas on solving the foreign exchange crisis. Atiku suggests a managed-floating foreign exchange system and ensuring sufficient FX reserves. He accuses Tinubu of failing to showcase any concrete policy steps to address currency fluctuation and poverty. Atiku offers his own policy prescriptions, including eliminating multiple exchange rate windows, avoiding a fixed exchange rate system, and adopting a managed-floating system. He criticizes Tinubu's new FX management policy as hastily put together without proper plans and consultations. Atiku believes that if the government is open to sound counsel and addresses corruption and poorly negotiated foreign loans, the Nigerian economy can recover.
#AtikuAbubakar #BolaTinubu #ForeignExchangeCrisis #NigerianEconomy #PolicyPrescriptions
https://leadership.ng/saving-the-naira-atiku-blasts-tinubu-offers-way-out/