Presidential spokesperson, Femi Adesina has called for patience from Nigerians over the depreciation of Naira.
Adesina, who expressed optimism that the naira will appreciate, said prior to the COVID pandemic, the country’s economy showed signs of growth.
The Naira is currently trading between N570 and N575 to a US dollar.
Speaking in an interview with Channels Television, Adesina said, “Before COVID-19 came, as at December 2019 to January 2020, you’ll see that the Nigerian economy was like a plane with its nose in the sky with promises. But COVID struck and everything crashed. But as at today, 5.01 growth; it has gone back up again,” he said.
“The value of the naira was very bad at a point. It stabilised at another point and then it has gone sky high again. It does not mean that it cannot always get better.”