The Minister of Finance, Budget and National Planning, Zainab Ahmed, has distanced herself from the planned naira redesign, which was announced by the
The Minister, who disowned the policy, said it doesn’t receive the blessing of the Ministry of Finance and warned of the dire consequences.
Opeyemi said the pronouncement may have triggered a rise in naira to US dollars in terms of value, given that naira has jumped from N740 to N788 to a US dollar due to rush in exchange of stashed funds.
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