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The Aliko Dangote's Statement on Naira Devaluation

“The biggest mess created was actually the devaluation of the naira from N460 to N1,400” – Aliko Dangote

"The biggest mess created was actually the devaluation of the naira from N460 to N1,400" – Aliko Dangote

Welcome Alhaji to our small class. But I wrote the same in June 2023 when nearly everyone was celebrating “liberation”. I am still waiting for a newspaper or a media organization to recognize that bold call, which was against the IMF, JP Morgan Chase and every big economist in Nigeria.

“Nigeria’s floating of its currency, while progressive, will cause severe perturbations in the economy – and a stable state may not come as most experts have predicted.” - Ndubuisi Ekekwe, June 2023

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