naira WAHALAOOOO

The Anambra State governor,chief Willie Obiano, has predicted that the naira will continue to fall against the dollar till it reached #500 per dollar.

Obiano said this during the commencement of the Anambra State fire and safety summit in Awka the state capital yesterday.

The governor who expressed fear that the dollar would continue to rise against the naira, said it would take not fewer than 18 months for economic downturn in the country to subside.

He said, " people should embrace risk management. That is the solution to disaster, especially in a recession.

"No recession lasts less than 18 months, so we need to wake up, the naira is moving to #500 per dollar.

We need to secure our certificates and other valuables of ours so that nothing will happen to them overnight. That is how to survive in a recession, he said.


Just as it closed at #423 per dollar at the parallel segment of the market today Thursday 15 September 2016. By OKWUDIRI STRAIGHTMAN NWALI for BROADSTREET TODAY NG
Thank you all.

Sent from my BlackBerry 10 smartphone.