According to a shocking revelation by SaharaReporters on their
official Twitter page, the President Muhammadu Buhari-led federal
government has secretly devalued the nation's currency - Naira.
We earlier reported it here today
that following the federal government’s decision to remove fuel subsidy
and liberalise sales of petrol, the Naira suffered a setback, crashing
to N345 against the dollar on Thursday and also exchanged at N475 to the
British pounds.
If the report by the controversial online news platform is anything
to go by, then the naira will now go for N290 to a $1 at the official
rate, and N360 at the black market.
This is a developing story, we'll be bringing you more details as soon as its made available...
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