Africa

Naira would have become worthless without reforms – Tinubu

Punch Nigeria November 07, 2026 15 views
Naira would have become worthless without reforms – Tinubu

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Naira's Stability Attributed to Tinubu's Reforms - President Bola

President Bola Tinubu has put forth the argument that the performance of the naira under his administration has been commendable, asserting that the currency would have lost virtually all its value without the foreign exchange reforms implemented by his government.

In an interview with Punch Nigeria, Tinubu defended the naira's stability, stating that "the naira would have become worthless without the measures we have put in place to shore up the value of the currency." The President emphasized the importance of these reforms in safeguarding the nation's economic stability.

Nigeria's Economic Stability Reliant on Reforms - Tinubu

President Bola Tinubu's administration has been praised for its efforts in maintaining the value of the Nigerian currency, the naira. Speaking to Punch Nigeria, Tinubu attributed the naira's stability to the foreign exchange reforms implemented by his government.

According to the President, without these crucial measures, the naira would have lost its value, making it virtually worthless. Tinubu emphasized the significance of these reforms in ensuring Nigeria's economic stability.

Nigerian Naira: Thanks to Reforms, Stays Afloat - Tinubu

President Bola Tinubu has defended the performance of the Nigerian currency, the naira, under his administration. In an interview with Punch Nigeria, Tinubu attributed the naira's stability to the foreign exchange reforms implemented by his government.

Tinubu emphasized that without these reforms, the naira would have seen a significant decline in value, rendering it nearly worthless. The President highlighted the importance of these measures in safeguarding Nigeria's economic stability.

President Tinubu Praises Naira's Stability: Reforms Key - Punch Nigeria

Speaking with Punch Nigeria, President Bola Tinubu has praised the performance of Nigeria's currency, the naira, under his administration. The President attributed the naira's stability to the foreign exchange reforms implemented by his government.

Tinubu emphasized that without these reforms, the naira would have seen a substantial decline in value, making it nearly worthless. The President emphasized the significance of these measures in ensuring Nigeria's economic stability.

<small>Source: Punch Nigeria — read the original story there.</small>

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