No Fear Whatever Trump Is Doing, We've Met Revenue Target - Nig President
https://osazuwaakonedo.news/no-fear-whatever-trump-is-doing-weve-met-revenue-target-nig-president/02/09/2025/
#Breaking News #Nigeria #Tinubu #Trump #US ©September 2nd, 2025 ®September 3, 2025 5:43 am Nigeria President, Bola Ahmed Tinubu has said that the West Africa country has no fear over whatever the President of the United States, Donald Trump is doing, although the Nigeria President did not give details what the US President is doing that the nation has no fear of, but, President Tinubu at a meeting with political leaders at the State House in Abuja on Tuesday said that the country has met its revenue target for 2025 from non Oil revenue sources, saying, if Nigeria as at August has already met revenue target from non oil products, the country has no fear of whatever the President of the United States, US is doing, adding that, the economy of the country is now stabilized, saying, the naira currency is now performing well in the foreign exchange market, with a claim he met dollar exchange rate at ₦1,900 per one dollar on May 29, 2023 when he took over as the president of the West Africa country, praising himself that he has worked hard to reduce the foreign exchange rate from ₦1,900 to ₦1,450 per one dollar, a claim, we fact checked to be very incorrect, we observed that President Bola Tinubu on May 29, 2023 met foreign exchange rate at ₦461 per one dollar, on the day of his inauguration, President Bola Ahmed Tinubu issued a policy statement directing the Central Bank of Nigeria to ensure a unified exchange rate, a policy statement that made the exchange rate to increase from ₦461 to ₦853 per one dollar at the end of 2023; after the President, Bola Ahmed Tinubu officially pegged and increased the foreign exchange rate from ₦461 to ₦750 per one dollar in his 2024 budget, which made cost of foodstuffs and other cost of living in the country to increase more than 200 percent, and while presenting the 2025 budget, President Bola Ahmed Tinubu pegged and increased the foreign exchange rate from ₦750 to ₦1,500 per one dollar, this policy action of the President has since made cost of foodstuffs and other basic necessities in Nigeria to increase outrageously more than 700 percent with no reduction till date, like; a sachet water that used to be sold for ₦5 is now sold between ₦20 to ₦50 in some locations in Nigeria. #OsazuwaAkonedo
https://osazuwaakonedo.news/no-fear-whatever-trump-is-doing-weve-met-revenue-target-nig-president/02/09/2025/
#Breaking News #Nigeria #Tinubu #Trump #US ©September 2nd, 2025 ®September 3, 2025 5:43 am Nigeria President, Bola Ahmed Tinubu has said that the West Africa country has no fear over whatever the President of the United States, Donald Trump is doing, although the Nigeria President did not give details what the US President is doing that the nation has no fear of, but, President Tinubu at a meeting with political leaders at the State House in Abuja on Tuesday said that the country has met its revenue target for 2025 from non Oil revenue sources, saying, if Nigeria as at August has already met revenue target from non oil products, the country has no fear of whatever the President of the United States, US is doing, adding that, the economy of the country is now stabilized, saying, the naira currency is now performing well in the foreign exchange market, with a claim he met dollar exchange rate at ₦1,900 per one dollar on May 29, 2023 when he took over as the president of the West Africa country, praising himself that he has worked hard to reduce the foreign exchange rate from ₦1,900 to ₦1,450 per one dollar, a claim, we fact checked to be very incorrect, we observed that President Bola Tinubu on May 29, 2023 met foreign exchange rate at ₦461 per one dollar, on the day of his inauguration, President Bola Ahmed Tinubu issued a policy statement directing the Central Bank of Nigeria to ensure a unified exchange rate, a policy statement that made the exchange rate to increase from ₦461 to ₦853 per one dollar at the end of 2023; after the President, Bola Ahmed Tinubu officially pegged and increased the foreign exchange rate from ₦461 to ₦750 per one dollar in his 2024 budget, which made cost of foodstuffs and other cost of living in the country to increase more than 200 percent, and while presenting the 2025 budget, President Bola Ahmed Tinubu pegged and increased the foreign exchange rate from ₦750 to ₦1,500 per one dollar, this policy action of the President has since made cost of foodstuffs and other basic necessities in Nigeria to increase outrageously more than 700 percent with no reduction till date, like; a sachet water that used to be sold for ₦5 is now sold between ₦20 to ₦50 in some locations in Nigeria. #OsazuwaAkonedo