We’ll not devalue the naira – Buhari
President Muhammad Buhari has said that his administration would not support the devaluation of the Naira.
Speaking on the Presidential media chat, he explained that the argument by proponents of devaluation of the Country’s currency lack statistics that the decision would address the current economic problems in the Country.
President Buhari also said that the Treasury Single Account introduced by his administration, has enable the Federal Government mopped out one point four trillion naira in the last couple of months as part of effort to address corruption.
On the current challenges in the petroleum sector, the President said that once the refineries are working at sixty percent, domestic fuel requirement of the Country would be met locally and reduce the level of importation of petroleum products.