In light of the present economic difficulties,a Senior Advocate of Nigeria, SAN, Mike Ozekhome, has issued a warning: before the end of 2024, the value of the naira may be equivalent to N4,000 versus the US dollar.
According to Ozekhome, there is no evidence that the value of the naira relative to the dollar will increase.
He disclosed this while appearing on Channels TV programme, Politics Today on Tuesday.
During his Tuesday appearance on Politics Today on Channels TV, he revealed this.
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?”
