Home / Uncategorized / IBB’s SAP killed the Naira – Buhari

IBB’s SAP killed the Naira – Buhari

President Buhari said the Structural Adjustment Programme (SAP) which was instituted between 1986 and 1988 by former military president Ibrahim Babangida killed the Naira.

Buhari disclosed this on Friday during an interactive session with BBC and below are excerpts of the interview tweeted by Sam Piranty, a BBC journalist:

”I went through devalue in 1984…it’s SAP that killed the naira, ” I have asked gov central bank & others to sit and see if they can convince me to murder of naira. It’s disgraceful Nigeria imports toothpicks, rice and tomato purée. Most of young people can’t get jobs. One of the biggest dangers we face,” Buhari said.

TheCable

Share this

About Ekpo Esito

Check Also

FG renames Federal University Ebonyi after Alex Ekwueme

The Federal Government has renamed Federal University Ndufu-Alike, Ikwo (FUNAI) in Ebonyi State after late …

Leave a Reply

Your email address will not be published. Required fields are marked *