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“I don’t believe in devaluation of the Naira… Let’s see how it goes” – Audu Ogbeh | WATCH

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Minister of Agriculture, Audu Ogbeh has said that he does not believe in the devaluation of the Naira.

Speaking at the Town Hall Meeting and Policy Dialogue on Good Governance in Abuja on Tuesday, the minister said Nigeria has been heading for disaster since 1986 after the introduction of the Structural Adjustment Programme (SAP) by the Ibrahim Babangida administration.

The minister said he hopes the Naira doesn’t hit N1,000 to $1 as the demand for Dollars is about $2.5 billion per week.

Watch below:

2 Comments

  1. mayborn

    August 12, 2016 at 2:31 pm

    Who the hell is the interpreter???? He should be sacked ?? haba

  2. Nwa nna

    August 12, 2016 at 7:28 pm

    First of all, this is not 1986! Second of all, who’s fault is it that agriculture was abandoned? Third of all, FGN of Nigeria both previous & current administration has put us in this predicament due to their lack of foresight! Lastly, enough with the blame game! Ssh
    It saddens me to no end, the poor leadership that Nigeria has produced & continues to produce because it’s not a society that’s based on meritocracy but rather on cronyism and mediocrity is its byproduct resulting in what we’re experiencing today.
    Nigeria went from an agriculture based economy to becoming an oil based economy in the 70’s, nothing wrong with that if it was well managed but corruption completely ruined that..
    Ogbeh himself is part of the old breed of politicians that have been sucking Nigeria dry!!
    Nigeria, a country with so much unrealized potential due to its succession of bad leaders..

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