Senator representing Borno South Senatorial District in the National Assembly, Mohammed Ali Ndume, has reacted to President Bola Tinubu’s cabinet reshuffling that led to the sack of five Ministers, saying there should be more sack.
The lawmaker also praised the administration for the recent
de-dollarisation policy which he described as “right steps in the right
direction”, stressing that the development will strengthen the naira and boost
transatlantic trades with other nations of the world who don’t depend on the
United States dollar.
He encouraged President Tinubu to pursue the
de-dollarisation policy to a logical conclusion by making Nigeria join BRICS,
Brazil, Russia, India, China, South Africa.
Ndume gave the suggestions in a statement made available to
journalists in Abuja on Saturday.
In his explanation, Ndume said, the de-dollarisation is a
process by which nations look for alternatives to transacting international
businesses in other currencies other than relying heavily on United States
dollars, noting that it would help businessmen and women importing goods from
China and other Asian countries.
“That policy announced by the administration of President
Bola Ahmed Tinubu must be commended. If it is fully implemented, it will
drastically reduce the pressure on the naira, and our international businessmen
and women who import goods from countries like China will not depend on the
United States dollar.
“The policy will also assist the naira in appreciating
significantly. This will help us as a country in so many ways. So, I commend
the President for taking these economic bold steps at a time like this,” Ndume
noted.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com