—Insists on Increasing Domestic Production
By Olayinka Ajayi
The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has said he would retain the floating exchange-rate policy introduced by President Bola Tinubu if elected president in 2027, while prioritising increased domestic production to strengthen the naira.
Obi stated this during an interview on Arise News on Thursday, where he identified the naira float as one policy of the Tinubu administration he would retain.
He said: “There’s one — the floating of the naira. I’m not going to defend it. But I’m going to put productivity to make it more valuable to the people.”
