Activist Aisha Yesufu has strongly criticized the worrisome surge in the exchange rate between the US dollar and the Nigerian Naira.
Currently, at the informal market, one dollar is fetching as high as N920.
In a video she shared, Aisha conveyed that certain individuals believed they had managed to narrowly avoid a potential issue, only to find themselves in a far more severe predicament, akin to a “nuclear blast.”
While addressing the government policies responsible for the sharp rise in the exchange rate, Yesufu asserted:
‘’Life comes hard at everyone. You do anyhow, you see anyhow. They said they escaped bullet, now they found themselves in a nuclear blast. Dollar is heading to N1000. I just to tweet it then. I would say the way we are going, we might find ourselves at dollar N2000. That is when some people will now say ‘’Maybe Buhari was not that bad since the opther one was based on how much dollar is’. In Nigeria, the way to be competent is to ensure the person after you is worse. That is how will do it
In terms of nation building, in a situation like this, it is understandable if you are having hardship because if you need to take certain decisions it must come with hardship but when you are having hardship with no clear cut plans, the policies are not aligning, they are just haphazard, then you are in a bigger problem”