Vice President of the Federal Republic of Nigeria, Kashim Shettima has expressed optimism that the Naira would continue to appreciate against the dollar at the forex market.
Vice-President, Spoke Person, Mr Stanley Nkwocha, in a statement on Saturday, said that Shettima stated this at a meeting with officials of the Lagos Chamber of Commerce and Industry (LCCI), at the President Villa, Abuja.
He said President Bola Tinubu ended the fuel subsidy and ensured the unification of the multiple exchange rate because the former arrangement was producing billionaires overnight.
“Naira went haywire and some people were celebrating but inwardly we were laughing at them because we knew that we have the leadership to reverse the trend.
“Asiwaju knows the game, and truly the Naira is gaining and the difference will drop further.”
He recalled that the quality of leadership provided by President Tinubu as governor of Lagos laid the foundation for the massive development witnessed in the state.
Shettima assured that the Tinubu administration is doing its best to address challenges in the power sector.