The senator representing the Delta North senatorial district at the National Assembly, Ned Nwoko, has attributed the fall of the naira to racketeers and vested interests in the country.
He spoke when he played host to the Integrity Group of Delta State at Idumuje-Ugboko, Aniocha North LGA, where he was honoured as well as invested as the patron of the group. He equally blamed the Nigerian government and the citizens for the devaluation of naira. According to him: “We have not been fair to ourselves regarding the nation’s currency. We have boxed naira to the floor. It is only in Nigeria that foreign currencies thrive side-by-side with naira.
We have gotten our independence yet it appears we still don’t know what it takes to be an independent nation. “Our foreign reserves is in US whereas the US foreign reserves is in their country likewise China. China understands that for them to grow as a nation their sovereignty must reside in China. Nigerians need to be born again,” he declared.
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