Amid the current economic hardship, a Senior Advocate of
Nigeria, SAN, Mike Ozekhome, has warned that the naira may exchange for N4000
against the United States, US, dollar before the end of 2024.
Ozekhome explained that there was nothing on ground to show
that the naira will improve against the dollar.
He disclosed this while appearing on Channels TV programme,
Politics Today on Tuesday.
He said: “Before the end of this year, if we are not
careful, the Naira may exchange for N4000 to the dollar because there is
nothing in place.
”If we are not careful we will get to the situation in
Ghana, where they were carrying cedis in baskets to the market to go and buy
things and put in their pockets.
”Why do BDCs sit under the trees and tables to control our
economy?”
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