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Naira Continues to slide Against Dollar At The Black Market
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By Kayode Sanni-Arewa
The Naira continued its fall against the dollar at the parallel foreign exchange market on Thursday.
A Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, said that the Naira dropped to N1500 per dollar on Thursday from N1490 exchanged on Wednesday.
This showed that the Naira fell by N10 against the dollar on Thursday compared to the N1,490 per dollar exchange rate the previous day.
Recall that this is the second time this week, the naira had weakened at the black market.
Meanwhile, at the official market, the Naira rose slightly by N0.04 to N1,499.07 on Thursday from N1,499.11 on Wednesday.
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The Minister of the Federal Capital Territory FCT Nyesom Wike has queried, Rotimi Amaechi over what happened to $39million Justice Karibi-Whyte hospital, N68billion Monorail, N10billion anti-malaria fumigation projects.
The minister made this disclosure during his visit to Ekpeye Kingdom Ekpeye House, in Ahoada, Ahoada East Local Government of Rivers State on Saturday.
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Ademola popularly known as Lucky, said his decision to leave the PDP was influenced by his assessment of the political situation in the state ahead of the 2027 elections.
“I did my due diligence and realised that any ticket outside the APC is a mere tissue paper that cannot take a candidate anywhere in 2027.
We are here in our hundreds to formally join the APC, and we promise to do our best in the interest of the progressive party and our dear country, Nigeria,” Ademola said.
Ojo, who was seeking the Accord ticket in the same constituency, also announced his decision to join the APC, describing his previous political efforts with Accord as unproductive.
We thought about making Accord a credible alternative in the state, but we later realised that the APC was far ahead of other parties.
“We wasted our time, energy and resources on an unproductive exercise. We later realised it wasn’t worth it, so we decided to pitch our tent with the progressive party,” Ojo said.
The defectors were received by the Oyo State Chairman of the APC, Chief Moses Alake-Adeyemo, who assured them that they would have equal opportunities within the party.
We thought about making Accord a credible alternative in the state, but we later realised that the APC was far ahead of other parties.
“We wasted our time, energy and resources on an unproductive exercise. We later realised it wasn’t worth it, so we decided to pitch our tent with the progressive party,” Ojo said.
The defectors were received by the Oyo State Chairman of the APC, Chief Moses Alake-Adeyemo, who assured them that they would have equal opportunities within the party.
The event was attended by the APC deputy governorship candidate, Adesoji Adedeji, the party’s Oyo South Senatorial candidate, Aderemi Oseni and other party leaders.
Wike opens can of worms, queries Amaechi over what happened to $39m Justice Karibi-Whyte hospital, others (Video)
Oyo 2027: PDP Candidate, Accord Aspirant, 3,000 Others Dump Parties for APC
Grand reception for FCT minister Wike at Ekpeye Kingdom on a visit to Uzugbani NEC, in Ahoada LGA today (VIDEO)
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